Tag Archives: AT&T

Warner Bros shuts down DramaFever

DramaFever, the streaming platform service focused on Korean drama and other Asian programming, has shut down its global service on October 16. The announcement was made by Warner Bros in a statement. Today, Warner Bros. Digital Networks will be closing its DramaFever OTT service due to business reasons and in light of the rapidly changing [...]

AT&T plans to launch new streaming service in 2019

AT&Ts WarnerMedia (formerly Time Warner) plans to launch a new direct-to-consumer (D2C) streaming service in the fourth quarter of 2019, the unit CEO John Stankey said in a statement. We are committed to launching a compelling and competitive product, the executive said. The new initiative will be anchored by HBO as a lead brand, and [...]

AT&T CEO says Netflix is the “Walmart” of video streaming services

AT&T CEO Randall Stephenson called Netflix the Walmart of video on demand services, while HBO -now part of the group after the acquisition of Time Warner- is the Tiffany” of media and entertainment. The executive made the comparison on Wednesday during the Goldman Sachs Communacopia conference in New York. “HBO is a very unique brand, [...]

FTA channels oppose AT&T-Time Warner deal in Brazil

During a public hearing held this week in the Commission of Science and Technology, Communication and Information Technology of the Chamber of Deputies, executives of Abert and Abratel, entities representing main free-to-air channels, presented their arguments against AT&T- Time Warner merger. According to Abert, which represents Globo, SBT and Band, the acquisition is a “clear [...]

American Cable Association asks to reverse AT&T antitrust decision

The American Cable Association (ACA), an entity that represents small and medium-sized operators, urged the appeals court to reverse the rulling that allowed the AT&T-Time Warner merger. In June, District Judge Richard Leon allowed AT&T to complete the acquisition. However, the U.S. Justice Department (DOJ) is appealing that decision. In an amicus brief to the [...]

AT&T acquires full ownership of Otter Media

AT&T announced that it has acquired The Chernin Groups controlling interest in Otter Media, the joint venture between the two companies. It will be a part of AT&Ts WarnerMedia unit, which was created after the close of the Time Warner acquisition. Otter Media is a leading subscription, advertising and content company. It comprises wholly-owned subsidiaries [...]

Bolivia recorded 472,000 pay TV subscribers in 2017

According to data published in the 2017 Institutional Report of Bolivia’s telecoms and transport regulator ATT, the pay TV market registered close to 472,000 subscribers at the end of that year, up 24% from 2016. In 2017, pay TV revenue reached Bs. 954 million (USD 135.6 million), which represented a growth of almost 40% compared [...]

DirecTV Latin America added 140,000 subscribers in Q218

AT&T announced its financial results for the second quarter. The company reported that DirecTV ended the period with 13.7 million subscribers in Latin America, after recording 140,000 net additions, even with declines in Brazil. The number of total subscribers in Latin America does not include Sky Mexico (Televisa-AT&T) which at the end of Q218 had [...]

U.S. Justice Department to appeal approval of AT&T-Time Warner merger

The U.S. Justice Department announced on Thursday last week that it will appeal the AT&T-Time Warner merger approval. The deal was completed on June 14. In a statement, David McAtee, AT&T General Counsel said, the Courts decision could hardly have been more thorough, fact-based, and well-reasoned. While the losing party in litigation always has the [...]

AT&T to acquire AppNexus

US telecom company AT&T announced that it has entered into a definitive agreement to acquire AppNexus, a technology company that operates a leading global advertising marketplace and provides enterprise products for digital advertising, serving publishers, agencies and marketers. Terms of the deal werent disclosed. Last Week, The Wall Street Journal reported that AT&T was expected [...]