Pac-12 Networks may not make it onto DirecTV after all this season.

According to the Bay Area News Groups’ Jon Wilner, the conference has walked away from talks with AT&T — which acquired DirecTV in late June — due to the carrier’s high demands.

AT&T wanted an equity stake in the network, which in turn would have forced the Pac-12 to redo its existing deals at a lower price.

Wilner did not rule out negotiations picking up again in the future.

AT&T demand would have forced Pac12 to redo all deals, lower sub price. Here's background: http://t.co/l2fcxjCou7

— Jon Wilner (@wilnerhotline) September 12, 2015