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Hulu Buys Back AT&T’s 10% stake for $1.43 billion

Hulu, the American streaming service company acquires AT&T’s 10% (technically 9.5%) stake in the company over a deal of $1.43 billion. With this transaction, the unprofitable Hulu now values at $15 billion. As AT&T exits the board, Disney and Comcast remain the sole owner of Hulu with 60% and 30% stakes respectively. Upon this acquisition, …

AT&T Revamps WarnerMedia to improve Video Streaming Service

As AT&T’s take over of WarnerMedia is a done deal now, the American multinational conglomerate focuses on restructuring the TV & Movie business model of WarnerMedia. The strategic move by AT&T will tune-up WarnerMedia’s video streaming service to compete against media giants like Netflix and Prime Video. The newly minted WarnerMedia unit will include premium …

AT&T may leave Hulu following WarnerMedia streaming service

AT&T has indicated it might sell the 10 percent stake in Hulu (US streaming service giant) that it acquired with its $85 billion acquisition of WarnerMedia. Hulu has been recently valued at $9.3 billion, making WarnerMedia’s stake worth $930 million at a time when its new parent company AT&T is working to pay down $18 …

WarnerMedia jumps into video streaming pool

WarnerMedia- the combined forces of HBO, Turner, and Warner Bros acquired by AT&T is planning to launch its own video streaming service in late 2019. Scheduled to go live in fourth quarter of 2019, the new streaming service will bring its existing series and brands from various arms of the company into one place and …

AT&T acquires Chernin Group’s Stake in Otter Media

American multinational telecommunication giant, AT&T has fully acquired Chernin Group’s controlling interest in their joint venture, Otter Media. Otter Media, a subscription, advertising and content company constitutes fully-owned subsidiaries Ellation, an online SVOD provider and a full-service digital media company, Fullscreen, and its Rooster Teeth brand. Otter Media has ownership stakes in Hello Sunshine and …

SVOD Platform DirecTV gains Subscriptions

Subscription Video on Demand (SVOD) service DirecTV Now has added 342,000 subscribers in the second quarter of 2018, increased from 152,000 subs added in the previous-year period. The streaming platform currently has more than 1.8 million subscribers as compared to less than 500,000 last year. Lower acquisition costs, operational costs, including deployment and a decline …

Live Streaming Services, Net Neutrality & What It Means For Your Customers

While you read this piece of article and want to know the latest update about Net Neutrality, just for your information, 100 million people are binge-watching online videos at this moment, either by subscribing to OTT providers like Netflix, Amazon Prime etc. or live streaming their favorite sports or events on their smartphones. Now, just …

DirecTV Now registers 1.2 million subscribers

The Year 2017 has proved to be a successful year for DirecTV Now which has successfully registered 1.2 million subscribers under its belt. However, the traditional satellite service of the American broadcaster continued to slip, losing a net 147,000 customers in the fourth quarter just like AT&T which lost 60,000 subscribers at the same time. …

With 521 local stations, Hulu continues its lead among MVPDs

Hulu, which started its video streaming service last year, has taken a major lead among virtual MVPD operators for local station sign-ups. Hulu announced that currently, it has deals to retransmit  521 local broadcast affiliates across the U.S. With the addition of more ABC and Fox affiliates this week, Hulu said it can now offer …

T-Mobile in talks to acquire Layer3 for new TV service

T-Mobile which has been planning to come up with its own television service has finalized its acquisition of Layer3 TV. The TV streaming service will have subscribers of Verizon and AT&T as well. Recognizing the growing demand of streaming television and realizing its potential to be an alternative to traditional cable and satellite services, the …

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