The team at Apple responsible for the rollout of its new streaming service has been calling it a “Netflix Killer.”
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.
Apple is announcing its new streaming service on March 25th, but the company is still scrambling to sign deals with content providers.
Apple is expected to finally announce its new streaming service during the company’s March 25th conference.
AT&T finally won its two-year anti-trust litigation against the United States Justice Department to acquire Time Warner.
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.
Sky, Europe’s largest pay television provider announced a partnership to carry Netflix content on its direct satellite network and OTT platforms.
Over two million U.S households cancelled cable television services in 2017. The traditional TV industry could be in for another brutal year.
The company regularly raises debt, offering $1 billion in senior notes in April, $800 million a year ago and another $1 billion in February 2015.
As the streaming market fragments into dozens of streaming options will Netflix become the Friendster or Facebook of media viewing?