AT&T


TBI Weekly: Comcast joins the M&A race

This week, Comcast kicked off a bidding war by formally offering £22bn for Sky and subsequently making it very difficult for Rupert Murdoch’s Fox to take full ownership of the TV group. The offer, which trumps Fox’s £19bn bid and has been well received by independent board members at Sky, is Comcast’s move to compete […]

Warner Bros. replaces DramaFever SVOD chief with Time Inc. exec

Warner Bros. is replacing DramaFever boss Seung Bak with Time Inc. senior VP of digital Patty Hirsch. The move hands Hirsch control of Warner Bros. Digital Labs (WBDL) as SVP and general manager, and oversight of Korean drama-focused SVOD service DramaFever. She’ll take over from current WBDL chief and DramaFever CEO and co-founder Bak after […]

TBI Weekly: The OTT ‘arms race’ heats up

This week, it seems that almost every major TV player is claiming their stake in the OTT business and, more so, each player is claiming to be the best. It’s CBS COO Joseph Ianniello who, this week, compared the OTT ecosystem to an arms race, and with the host of competitors joining this space in the […]

Discovery eyes global OTT after closing Scripps deal

Discovery has completed its US$14.6 billion takeover of US cable rival Scripps Networks Interactive, and is now looking to the OTT opportunities the new scale provides. The new look group comprises channels such as Discovery Channel, Travel Channel, TLC, HGTV and Animal Planet among others, and owns over 8,000 hours of programming. Following completion of […]

AT&T digital chief to lead Chernin’s Otter as CEO

US-based digital media investments firm Otter Media has appointed a new CEO, who will transfer down from shareholder AT&T. Tony Goncalves has been appointed to the role having consulted with the business since its inception in 2014. Otter has been looking for a new chief since president Sarah Harden became CEO of Hello Sunshine, a […]

Chernin-backed Otter buys up Fullscreen & Ellation

Online content companies Fullscreen and Ellation are now a fully owned subsidiary of web video venture Otter Media. Both already counted the AT&T and Chernin Group joint venture Otter as their majority shareholders. Six-year-old Fullscreen, which operates channels such as The Fine Bros (pictured) is known as the biggest multichannel network group, and briefly operated […]

US gov’t blocks AT&T’s Time Warner takeover

The US Department for Justice (DoJ) has blocked AT&T’s acquisition of Time Warner and filed a lawsuit to prevent it. The justice department has said that the merger, valued at US$85 billion, will reduce competition and raise prices for consumers. Makan Delrahim, the assistant attorney general for the Department for Justice’s antitrust division, said: “It would […]

Fullscreen to shut down SVOD service

Fullscreen Media is due to shut down its Fullscreen subscription video-on-demand service in January 2018. In an email to staff, Fullscreen founder and CEO George Strompolos said that despite its momentum the company had made the difficult decision to close its SVOD service in order to prioritise spending elsewhere. “We came to the conclusion that […]

Audience Network’s programming head exits

The Audience Network’s programming head Chris Long has left the company after near two decades. Long said he is leaving the AT&T-owned US channel to “pass the baton after pioneering one the most unique TV networks on the landscape today and move on to a new challenge”. “For the past 18 years I’ve felt an […]

Game of Thrones fever drives Time Warner growth

The stunning viewing figures for Game of Thrones have pushed Time Warner and its subsidiary, HBO, to significant subscription growth. Premium cable network HBO saw its subscription revenues rise 13% year-on-year, its highest quarterly growth in 13 years. Revenues for the three months to September 30 at HBO were US$1.6 billion, up on the US$1.43 […]

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