AT&T-DirecTV deal could spur more consolidation

Analysts have said the AT&T deal for DirecTV will help the merged entity mitigate the rising cost of content and could also spur further industry consolidation. US telco AT&T announced Sunday that it has agreed to buy satellite pay TV operator DirecTV for US$48.5 billion and the news followed the announcement, in February, that Comcast […]

AT&T agrees US$48.5 billion buyout of DirecTV

US telco AT&T has agreed to buy satellite pay TV operator DirecTV for a total equity value of US$48.5 billion (€35.4 billion), in a deal it said would give it “unparalleled video content distribution scale in the US.” Announcing the deal, AT&T said the agreement would deliver immediate and long-term financial benefits and that DirecTV’s […]

AT&T eyes US$40bn DirecTV takeover: report

US telco has directly approached satellite pay TV firm DirecTV about a possible takeover, according to US reports. The Wall Street Journal reported ‘people familiar with the situation’ in its report, which said the deal would be worth about US$40 billion (€30 billion). AT&T wants to ramp up its video services. Last year it was […]

AT&T and Peter Chernin launch US$500 million OTT offensive

US telco AT&T and Peter Chernin’s Chernin Group said yesterday they will invest US$500 million (€362 million) in over-the-top TV services. The telco has a huge base of wireless and broadband customers and plans to take on the likes of Netflix and Hulu with its own video services for connected consumers. The OTT initiative will […]

Web apps on TV to grow

Two in five pay TV households are expected to have access to web apps on their set-top boxes by 2019, according to ABI Research, double the number it estimates to have access to such services today. According to ABI Research, operators including AT&T, Verizon, Free, Orange, and SFR are currently leading the market for applications […]

Verizon confirms Netflix talks following Comcast deal

Following yesterday’s deal between Netflix and Comcast, telecom operator Verizon has confirmed that it is in talks with the subscription VoD company about striking a similar peering deal, while AT&T is reportedly also in advanced discussions with the company. Verizon CEO Lowell McAdam said that his company has been in talks with Netflix for about […]

Hulu ‘in pay TV discussions’

US internet TV service is reportedly in early talks with a number of pay TV providers about the possibility of offering Hulu’s subscription service as part of their TV bundles. According to a Wall Street Journal report, which cites people familiar with the situation, Hulu is discussing potential partnerships with Comcast, Time Warner Cable, Cox […]

Malone says cable companies should unite for Hulu bid

US MSOs should join forces to make a bid for Hulu, according to Liberty Media boss John Malone. The influential media executive was speaking to Reuters at the fringes of Allen & Co’s Sun Valley conference and said that all US MSOs would benefit from owning an online streaming and catch-up service. Hulu is currently […]

Race for Hulu narrows

Two outright bidders remain in the battle to take control of Hulu with a third offering to take a stake in the business, according to the latest US reports.  Satellite TV firm DirecTV, and a joint bid by telco AT&T and former News Corp president Peter Chernin are the final two in contention to buy […]

Bidders line up for Hulu deadline

Bidders including DirecTV and AT&T in partnership with Peter Chernin are still said to be in the running for Hulu, ahead of the VOD services’ reported final bid deadline of Friday. According to a Deadline report “conventional wisdom is that DirecTV remains the bidder to beat,” though a Peter Chernin-assisted AT&T offer is also still […]