AT&T To Release Streaming Service Featuring WarnerMedia Offerings
AT&T plans to release a digital video service featuring WarnerMedia’s films and television shows by the end of next year, "moving it into direct competition with rivals like Netflix, Disney and Amazon," according to Lee & Barnes of the N.Y. TIMES. Appearing at the Vanity Fair New Establishment Summit in L.A. yesterday, WarnerMedia CEO John Stankey "did not offer details about how much the service will cost, what its name will be or the date it will become available." Stankey described the new service as a "collection of boutiques," with HBO as its "anchor tenant" (N.Y. TIMES, 10/11). In L.A., Faughnder & Lee note WarnerMedia’s streaming efforts until now have "mostly been limited to offerings tailored for specific audiences." The company has Bleacher Report Live, "launched for coverage of UEFA Champions League soccer" (L.A. TIMES, 10/11). When asked how many streaming services the average person wants, Stankey said, "I can probably guess the number isn't ten. I can guess the number probably isn't two. What I do know, is that we better be at the table" (ADEMCETINKAYA.com, 10/10).