Tags: at&t | wsj | streaming | service

WSJ: AT&T Eyes $16-$17-a-Month Streaming Service

WSJ: AT&T Eyes $16-$17-a-Month Streaming Service
(Alexey Novikov/Dreamstime)

Thursday, 06 June 2019 04:19 PM

AT&T Inc.'s WarnerMedia may price its streaming service between $16 and $17 per month, instead of a multi-tiered plan, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

The package may include HBO, sister channel Cinemax and the vast library of Warner Bros TV shows and movies into one offering, the WSJ report said.

AT&T did not immediately respond to a Reuters request for comment.

This move comes at a time when audiences are getting a host of offers and attractive monthly bills for digital entertainment. For instance, Apple, Disney's streaming video service Disney+ and others plan new streaming services.

In April, Disney priced its highly anticipated Disney+ below Netflix in an aggressive move to challenge the dominant streaming service and entice families to buy yet another monthly subscription.

AT&T has been bleeding out pay-TV subscribers. In its first quarter, the company lost higher-than-expected premium TV subscribers, a category that includes DirecTV satellite and U-verse television customers. 

© 2019 Thomson/Reuters. All rights reserved.

   
1Like our page
2Share
StreetTalk
AT&T Inc.'s WarnerMedia may price its streaming service between $16 and $17 per month, instead of a multi-tiered plan, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
at&t, wsj, streaming, service
162
2019-19-06
Thursday, 06 June 2019 04:19 PM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved