AT&T Hits Q2 Earnings Targets As WarnerMedia Gains Offset Pay-TV Losses

Now, the internet-delivered TV bundle launched with great fanfare in 2016, continued to backslide in the quarter, losing 168,000 subscribers. Including satellite and cable systems, total video subscriber losses reached 778,000.It has been a little more than a year now since the official close of AT&T’s $81 billion acquisition of Time Warner, though a federal legal challenges did not end until February of this year.

The company’s pay-TV platforms, including DirecTV, DirecTV Now and U-verse, have been locked in a carriage dispute with CBS for the past several days. A separate impasse with Nexstar has kept more than 100 local TV stations owned by Nexstar dark on AT&T systems since early July. WarnerMedia, meanwhile, has been aggressively remaking itself to remove longstanding silos between business units and also preparing to launch an ambitious streaming service by spring 2020. Few details have been released about the service other than its name, HBO Max, and its senior executive team.“We’re halfway through the year and on track to deliver on all our 2019 priorities,” he said in the earnings release.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

AT&T's DirecTV Now Loses 168,000 Subscribers, WarnerMedia Earnings RiseHBO reports 'lower domestic linear subscribers' for its second quarter, 'partially offset by higher digital and international growth' Why ? hdreport They are about to lose another customer if they don’t get my ABC channel & CW30 channel back. Is this a term of art for “Game of Thrones is over”?
Fuente: THR - 🏆 411. / 53 Leer más »

Capital One's Q2 earnings gave insight into its ongoing digital transformationCapital One claims to be among industry leaders in terms of mobile banking users and growth – an important outcome of digital transformation.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

LIVE: Here comes Snap's Q2 earnings...Despite tough competition from Instagram, Snapchat has been making a comeback.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Whirlpool earnings beat estimates as higher prices offset tariff impactWhirlpool Corp on Monday reported better-than-expected quarterly earnings and li... So American consumers are paying for Trump's tariffs. Thank goodness no one buys appliances, or inflation would go up. Beating tariffs thanks to taxpayers
Fuente: Reuters - 🏆 2. / 97 Leer más »