It appears to be over.
It sounds like the impasse between the Pac-12 and DirecTV will come to an end. It was reported that DirecTV was testing the Pac-12 Network on Channel 612, which was usually the precursor to the channel becoming available on a satellite or cable carrier. DirecTV will make a deal that should come into play in time for the start or near the start of the 2015 college football season. BruinReport has learned this through their sources.
DirecTV is the last major carrier that the Pac-12 has wanted to get on board, their proverbial white whale so to speak.