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DirecTV

AT&T to Sell Stake in DirecTV and Video Business to TPG

AT&T will receive $7.8 billion in the deal, which it will use to pay down its mounting debt load.

WarnerMedia Takes $960M Pandemic Earnings Hit, AT&T Loses 627,000 Video Subs

AT&T detailed a more than $1.7 billion financial impact from the coronavirus pandemic to its third-quarter results, including $960 million earnings hit at WarnerMedia, and said it lost 627,000 video…

AT&T’s New Sale Talks for DirecTV Divide Analysts

With chatter about a potential AT&T sale of pay TV unit DirecTV to private equity firms having returned, Wall Street analysts are revisiting the potential deal – with different conclusions.

Pay TV Subscriber Losses Hit Record Amid Pandemic, Virtual Services “Implode”

It is official: the rise in unemployment and lack of live sports due to the novel coronavirus pandemic has led to a new quarterly record in pay TV subscriber losses, while virtual services like Sling…

AT&T’s WarnerMedia Division Faces Wall Street Skeptics After Earnings

AT&T remains a wireless phone powerhouse, but COVID-19 has upended WarnerMedia and its premium film and TV businesses, judging by its first-quarter earnings.

AT&T Streamer DirectTV GO Launches in Mexico Amid Coronavirus Pandemic

As digital content consumption jumps amid the Covid-19 outbreak, AT&T's streaming service DirecTV GO on Tuesday launched in Mexico.

WarnerMedia CEO Cites “Nominal” Coronavirus Impact

John Stankey, president and COO of AT&T and CEO of Warner Media, on Tuesday talked about the impact on the phone and media giant from the coronavirus outbreak, including supply shortages of iPhones…

AT&T Loses 1.16M Streaming, Pay TV Subs, HBO Max Hits WarnerMedia Earnings

Telecom giant AT&T reported fourth-quarter financials, disclosing that it lost 219,000 subscribers at its AT&T TV Now streaming service and 945,00 premium TV subscribers. WarnerMedia's earnings were…

AT&T CFO John Stephens Says TV Customer Losses Have “Peaked”

Under pressure from activist investor Elliott Management to turn around its business performance, AT&T CFO John Stephens on Tuesday said he expected fewer future TV customer losses for the telecom…

Disney, AT&T in Carriage Dispute Impacting ABC, ESPN

Disney has begun warning AT&T and DirecTV video subscribers that they may soon lose ABC, ESPN, Disney Channel, Freeform and other channels due to a carriage dispute between the two companies.

AT&T Stock Jumps as Activist Investor Calls for Changes, Raises Questions About Time Warner Deal Benefits

Activist investor Elliott Management said it has acquired $3.2 billion of AT&T stock and called for changes, arguing the telecom giant's acquisition strategy has hurt its shares and performance…

CBS, Altice USA Reach New Carriage Deal

CBS Corp. and Altice USA on Monday said they renewed their multiyear content carriage agreement.