AT&T’s earnings call sounded a lot like Comcast’s with a number of questions about the trajectory and pacing of its broadband growth. Like Comcast, AT&T also has regional limitations on its offering that it hopes to overcome in the U.S. eventually as 5G technology becomes the standard across the land.
AT&T is promising to roll out an ad-supported version of HBO Max in June. The plan seems to be shaping up to offer a mix of free and pay options, with the latter priced much lower than the $15 cost of the existing HBO MaxEvery earnings cycle these days includes the new $64 million question of how many winners and losers there will be when the rubber meets the road for performance on new streamers launched by traditional media companies.
“We’ve been competing with Amazon Prime for 13 years, with Hulu for 14 years. It’s always been very competitive with linear TV, too,” Hastings said. “So there is no real change that we can detect in the competitive environment. It’s always been high and remains high.” Moreover, Hastings added that Netflix’s biggest competitors to date remain the collective force of old-fashioned linear TV, followed by YouTube. That ranking would only seem to reinforce the value of a bundled offering to consumers who will surely start to balk at having to juggle a half-dozen or more bills a month just to keep up with the buzziest shows on the virtual dial these days.
Stankey, like Hastings, voiced confidence in the general economic recovery under way after the hardships of the pandemic. AT&T didn’t give any updated guidance on the call. But Stankey must like what he sees on the Q2 horizon, based on his closing remarks on Thursday.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Florida Bill Would Stop Social Media Companies From Permanently Deplatforming Political CandidatesFlorida Gov. Ron DeSantis has a bill ready for signature that would stop social media companies from permanently kicking people off their platforms in the state. The bill was passed Thursday by the… Social media counter punch: no one in Florida can have access Good luck enforcing this in a court of law, though I would wager the cynics who passed this don't give a shit. No court of law will uphold this. Every social media platform has a terms of service that you have to agree to to use. If you break it, company is well within its rights to ban you. This is just conservatives making up something to be mad about and “legislate”
Source: DEADLINE - 🏆 109. / 63 Read more »
Donald Trump Responds To Extension Of Facebook Ban: “Social Media Companies Must Pay A Political Price”UPDATED, with Trump statement: Donald Trump remains suspended from Facebook – for now. An oversight board upheld a Facebook decision to restrict Trump’s accounts following the Jan. 6 si… That's why I love this man, keep destroying those clowns 🤣😂 why is this breaking news? you don’t have to tell us what he said. ever. just…stop.
Source: DEADLINE - 🏆 109. / 63 Read more »
Why Social Media Companies Can Censor Trump, And Why Your Boss Can Censor YouIn response to the January 6, 2021 assault on the U.S. Capitol by Trump supporters, various social media companies suspended or banned President Trump from using their platforms. Private companies have similar power over the free speech of their employees, depending on the context.
Source: Forbes - 🏆 394. / 53 Read more »
Why Social Media Companies Can Censor Trump, And Why Your Boss Can Censor YouIn response to the January 6, 2021 assault on the U.S. Capitol by Trump supporters, various social media companies suspended or banned President Trump from using their platforms. Private companies have similar power over the free speech of their employees, depending on the context.
Source: Forbes - 🏆 394. / 53 Read more »
Digital media companies pump the brakes on their rush to go public as SPAC market coolsDreams of going public in January and February have been put on hold for digital media companies as SPACs dry up and investors become more conservative.
Source: CNBC - 🏆 12. / 72 Read more »