Tags: at&t | warnermedia | streaming | disney | movies

AT&T's WarnerMedia to Create Streaming Service With TV, Movies

TV remote from a LCD-TV in a living room
(Vicente Barcelo Varona/Dreamstime

Wednesday, 10 October 2018 12:29 PM

WarnerMedia is joining Disney in the race to launch a global direct to consumer streaming platform next year. CEO John Stankey said Wednesday the company will mine its library and content engines to create such a service by the end of 2019.

"Today we announced plans to launch a new direct-to-consumer streaming service in the fourth quarter of 2019," Stankey said in a statement. "This is another benefit of the AT&T/Time Warner merger, and we are committed to launching a compelling and competitive product that will serve as a complement to our existing businesses and help us to expand our reach by offering a new choice for entertainment with the WarnerMedia collection of films, television series, libraries, documentaries and animation loved by consumers around the world. We expect to create such a compelling product that it will help distributors increase consumer penetration of their current packages and help us successfully reach more customers."

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WarnerMedia is joining Disney in the race to launch a global direct to consumer streaming platform next year. CEO John Stankey said Wednesday the company will mine its library and content engines to create such a service by the end of 2019.
at&t, warnermedia, streaming, disney, movies
153
2018-29-10
Wednesday, 10 October 2018 12:29 PM
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