AT&T


Disney+ to exceed 100 million subs by 2025

Imminently launching streamer Disney+ is expected to reach 101 million subscribers by 2025. According to a new report from Digital TV Research, the ‘big five’ SVOD platforms are expected to have a total of 529 million global subscribers, adding 257 million subscribers between 2019-25. The analyst expects Disney+ to clearly establish itself as the third-placed […]

AT&T officially unveils US$14.99 HBO Max

AT&T has officially lifted the lid on HBO Max, announcing that the streamer will launch in May 2020 at US$14.99 per month.  The streamer will launch with 10,000 hours of content and, as previously reported, existing AT&T HBO customers and HBO Now direct-billed subscribers will receive the new service at no additional cost. In addition, […]

AT&T announces sale of CME to Czech investment group

AT&T has agreed to sell broadcaster Central European Media Enterprises (CME) to PPF, an investment group owned by the Czech Republic’s wealthiest man Petr Kellner. The deal is valued at US$2.1 billion, with AT&T to receive approximately US$1.1 billion in cash at close and be relieved of a US$575 million debt guarantee.  CME was inherited […]

HBO Max to expand to Latin America

HBO Max is set to expand into Latin America after the streamer’s parent AT&T-owned WarnerMedia agreed a deal to take full control of HBO Ole Partners. WarnerMedia will acquire Ole’s minority stake in HBO Ole Partners, the joint venture set up in 1991 between WarnerMedia and Ole Communications, which will hand it 100% ownership of […]

DirecTV not for sale, says Warner CEO

WarnerMedia CEO John Stankey has refuted claims that the company is looking to sell DirecTV. Speaking to the Wall Street Journal, the CEO said that DirecTV “is an important part of what we’re going to be doing going forward”, following a report from the paper that AT&T was considering either spinning DirecTV off as its […]

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, […]

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