The DirecTV deal was AT&T’s first big gamble on the filmed entertainment distribution market. DirecTV has been shedding subscribers since the beginning of 2017.
WarnerMedia’s decision may seem at odds with the company’s overall strategy to bring owned content ‘in-house’ to make it exclusive on its new streaming site.
After decades of stifling innovation and blocking new content delivery models, cable companies are paying a hefty price that shows no sign of stopping.
Only days apart, the UK’s largest satellite broadcaster, Sky, and the US’s biggest cable company, Comcast, announced plans to expand their services online.
When AT&T acquired DirecTV for $48.5 billion, they had big plans for mobile streaming. The FCC thinks DirecTV Now service “may obstruct competition and…”