Another strong quarter for WarnerMedia’s HBO/HBO Max has resulted in AT&T raising its global year-end subscriber forecast for the services to 70-73 million.
AT&T and Discovery have entered into a definitive agreement to combine WarnerMedia’s premium entertainment, sports and news assets with Discovery’s leading nonfiction and international entertainment and sports businesses.
Private equity company TPG Capital is to become a 30% shareholder in a new video unit being established by AT&T.
The US Republican senator Marco Rubio has called for a review of AT&T’s upcoming sale of Central European Media Enterprises (CME) to the Czech-owned PPF Group.
AT&T’s new streaming service HBO Max will be priced at $15 per month, significantly higher than rivals Disney and Netflix, but at the same level as subscribers pay for the existing HBO service.
Epix, the premium TV network owned by Metro Goldwyn Mayer (MGM), has launched on the AT&T TV app, the company’s streaming service, for $6 per month.
AT&T has sold its minority stake in Hulu back to the streaming video joint venture.
WarnerMedia has denied a report in the Financial Times that AT&T is looking into the possibility of selling HBO Europe in order to reduce a debt of $170 billion.
DirecTV owner AT&T says it’s done buying satellites, marking a switch to OTT delivery.
WarnerMedia will release three different versions of its upcoming streaming TV service next year.