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 … Continue reading
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 … Continue reading
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 … Continue reading
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 … Continue reading
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, … Continue reading
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 … Continue reading
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 … Continue reading
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 … Continue reading
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 … Continue reading
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 … Continue reading