Apple TV+ Disappoints
After the abysmal start to Apple’s new streaming service, Apple TV+, the tech company is searching for relevance with a new leader and a possible strategic acquisition.
AT&T
Hollywood Set to Own Theaters Again
The Department of Justice in the United States is preparing to allow Hollywood studios to own film theaters once again. This decision would reverse 70 years of anti-trust law that was implemented in 1948, which is known as the Paramount decrees.
New Details Emerge About HBO Max
AT&T’s WarnerMedia released details about its forthcoming streaming service HBO Max, which will officially launch in May 2020. The service will cost $14.99 a month, the same cost as HBO’s flagship service.
Cord Cutting Continues
During the second quarter, DirecTV’s traditional satellite service lost 778,000 subscribers and its streaming service DirecTV Now lost 168,000 accounts.
Hey Big Spenders
To woo subscribers away from Netflix, Disney, AT&T, and Apple are spending big bucks to produce original series content.
Rise of Online Television
Online-only television packages are getting pricier to the point that they’re approaching the same fees paid for traditional cable.
Up In Flames
Lionsgate lobbied to become the belle of the buyout ball last year in Hollywood, but Prince Charming never arrived.
Cord Cutting Accelerates
There is even more bad news for pay television providers. Unlike 2017, subscribers signing up for cheaper online television bundles are starting to contract.
Buyer’s Remorse
Beyond maintaining AT&T’s core telecom business, the company is beset with declining DirecTV subscribers and a host of problems at Time Warner and Warner Bros.
Monopolies Win Again
AT&T finally won its two-year anti-trust litigation against the United States Justice Department to acquire Time Warner.