AT&T


Elliott invests US$3.2bn in AT&T, slams DirecTV investment and WarnerMedia strategy

Activist investor Elliott Management’s funds have invested US$3.2 billion in AT&T and called for a radical overhaul of the US telco in the interests of “value creation”, including a potential sale of DirecTV. Elliott currently said that the US telco was underperforming the S&P 500 index by over 100 percentage points at a time when […]

WarnerMedia chief Stankey becomes AT&T COO

WarnerMedia CEO John Stankey has been appointed president and COO of HBO parent group AT&T. The role – which will begin in October – sets up the long-time AT&T exec as the successor to chairman and CEO Randall Stephenson, whom he now reports into. Stankey first joined AT&T in 1985 and has worked across all areas, […]

AT&T begins beta rollout of new TV service

US telco AT&T has rolled out beta launches of its new streaming TV offering, AT&T TV, in 10 cites across the US, with a national rollout expected at the end of this year. The new service, which includes live channels and is intended as a mainstream pay TV offering, is priced between US$60 and US$80 […]

US carriers are consistently throttling popular video apps

Throttling of video streaming by US wireless carriers is “pervasive”, claims a new study.  The new research from Northeastern University and the University of Massachusetts found that AT&T throttles YouTube 74% and Netflix 70% of the time. Interestingly, Prime Video was not slowed by AT&T, but it was throttled by T-Mobile US 51% of the […]

All-time high US cord cutting ‘freaking ugly’, claims MoffettNathanson

Cord cutting in the US is expected to reach an all-time high of 5.5% in Q2. According to equity research company MoffettNathanson, the figure is predicted to be reached once all Q2 reports are rendered.  AT&T, Comcast and Charter Communications, three major US telcos that have already released their quarterly results, have lost a combined […]

AT&T chief promises live sport and news for HBO Max

HBO Max, WarnerMedia’s new subscription video-on-demand service to be launched next spring, will ultimately include live content including premium sports and news, according to AT&T chief executive Randall Stephenson. Speaking on AT&T’s latest quarterly earnings call, Stephenson said that “unique live premium sports” including NBA, Major Leaghe Baseballand NCAA Basketball would be “really important elements […]

Long-serving HBO comms boss heads for exit

One of the primary engineers of the HBO brand, communications boss Quentin Schaffer, is the latest to leave the channel in a series of exec departures. Schaffer, EVP of corporate communications, is leaving HBO next month after 39 years with the WarnerMedia-owned brand. His exit comes just days after details emerged of a creative struggle […]

DAZN considers NFL bid

OTT sports disruptor DAZN is considering a bid for NFL broadcast rights, the company’s CEO has revealed. Speaking to Bloomberg, CEO Len Blavatnik said: “We’re definitely interested in looking at the NFL rights. Our strategy is to be a major player in sports rights via OTT, and the US and Canada have the highest penetration […]

120 Nexstar channels blacked out overnight by AT&T in the US

AT&T’s contract dispute with Nexstar has spilled over to consumers, with 120 stations across 97 markets in the US going dark overnight for many DirecTV and AT&T U-verse subscribers.  The channels, including ABC, CBS, FOX, and NBC affiliate stations, were taken off-the-air at 11:59pm, July 3 with both Nexstar and AT&T blaming the other for […]

JJ Abrams close to US$500m AT&T deal

Star Wars and Cloverfield director JJ Abrams is reportedly about to sign a US$500 million (€446 million) deal with AT&T-owned Warner Media. The deal will see AT&T and Warner have first refusal on anything produced by Abrams’ Bad Robot production house. The New York Times claims that this will include “movies, television shows, video games, […]

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