AT&T’s entertainment division shed 1.4 million pay-TV customers in the latest quarter, adding pressure on the telecom giant to turn the page with its HBO Max video streaming service
AT&T Inc.’s core cellphone business gained subscribers while more than 1 million customers abandoned its DirecTV unit, adding pressure on the telecom giant to turn the page with the unveiling of its HBO Max video streaming service Tuesday.
The Dallas company’s entertainment division shed 1.4 million pay-TV customers during the quarter ended Sept. 30. The losses included 1.2 million satellite and fiber-optic TV customers and a 195,000-subsciber decline at AT&T TV Now, the online channel bundle once called DirecTV Now.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
How AT&T, Disney and Comcast are handling the move from pay TV to streamingThe pricing and roll-out strategies of streaming services are linked to how much media companies have to gain, or lose, if consumers start relying on streaming video in lieu of cable TV.
Lire la suite »
AT&T Loses DirecTV Now, Pay TV Subs, Promises 'Portfolio Review,' CEO to Stay Through at Least 2020The telecom giant reports the latest financials and operating trends for its pay TV, entertainment and mobile businesses.
Lire la suite »
HSBC flags challenging revenue outlook after missing third-quarter profit forecastsHSBC Holdings PLC on Monday flagged a softer revenue growth outlook and dropped ...
Lire la suite »
HSBC Misses Third-Quarter Profit ExpectationsWhile its Asian business 'held up well in a challenging environment,' performance in Europe was 'not acceptable,' Chief Executive Noel Quinn said
Lire la suite »
AT&T Sells Stake in Europe’s CME for $1.1 Billion to Pay Down DebtAT&T has struck a deal to sell its majority stake in Central European Media Enterprises for $1.1 billion as part of the telco giant’s larger campaign to shed non-core assets and pay down …
Lire la suite »
AT&T Sells Central European Media Enterprises For $1.1 Billion To Czech Investment Firm To Pay Down DebtAT&T has agreed to sell its majority stake of Central European Media Enterprises (CME) for $1.1 billion to the Czech investment firm PPF Group N.V. The company has broadcast operations in Bulga…
Lire la suite »