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Stock impact report

AT&T will launch another streaming service in 2019, with HBO and other WarnerMedia content [TechCrunch Blog]

AT&T Inc. (T) 
Last at&t inc. earnings: 4/22 06:54 am Check Earnings Report
US:NYSE Investor Relations: en.wiktionary.org/wiki/at
Company Research Source: TechCrunch Blog
AT&T will launch a new direct-to-consumer streaming service next year, the company announced today. Yes, another one. AT&T currently already operates cord cutter-friendly streaming services DirecTV Now and the low-cost WatchTV , but its new service will be focused on WarnerMedia properties, including HBO. The move follows AT&T’s acquisition of Time Warner, which completed this past June. That means AT&T also now operates Time Warner’s streaming services HBO GO, for pay TV viewers, and HBO NOW, for cord cutters. The upcoming, subscription-based service will include all of WarnerMedia’s properties, like HBO plus WarnerMedia’s other TV and movie franchises, as well as third-party licensed content. And unlike DirecTV Now and Watch TV, the focus is not on streaming live TV, but on-demand content. In that way, it’s being positioned more as a Netflix competitor, or even a rival to Disney’s upcoming streaming service, also due in 2019. WarnerMedia CEO John St Show less Read more
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