WarnerMedia


Netflix & WarnerMedia strike $100m deal for Friends

Netflix is due to pay WarnerMedia $100m to place Warner Bros. hit Friends on its platform throughout 2019, according to The New York Times. Earlier this week, it was revealed that the streamer’s license for the New York-based sitcom was due to end in January 2019, sending an uproar among its fanbase. Netflix was quick to […]

WarnerMedia’s “Netflix killer” service to offer three tiers

WarnerMedia owner AT&T has revealed that the company’s upcoming SVOD service will include three separate packages for consumers, during an analyst event held Thursday. The service will include an entry-level movie-focused package; a premium service with original programming and blockbuster movies; and a third service that bundles content from the first two plus an extensive […]

WarnerMedia brings in AT&T exec to head up streamer

WarnerMedia has appointed AT&T Entertainment’s Brad Bentley as general manager and executive VP for direct-to-consumer development for its upcoming streaming service, due to launch in late 2019. Bentley will be responsible for overall product coordination and for delivering the new WarnerMedia streaming service. He will manage overall cost, schedule and performance of the service. The […]

WarnerMedia leads 15% revenue rise at AT&T

AT&T’s revenues totalled $45.7bn (£35.44bn) for the third quarter of 2018, up 15% from last year, and largely due to its recent Time Warner acquisition. The newly branded WarnerMedia contributed to $8.2bn in new revenue for the business through its HBO, Turner and Warner Bros. divisions. Turner revenues reached $3bn, up 3.9% year-on-year, while Warner […]

AT&T to launch streamer that builds on HBO content

AT&T plans to launch a new streaming service that builds on HBO and WarnerMedia content for the fourth quarter of 2019. The news was announced via a new 8-K filing, where AT&T elaborated on its plans on October 10. “We are committed to launching a compelling and competitive product that will serve as a complement […]

AT&T boss: Netflix is the Walmart of media

AT&T boss and chairman Randall Stephenson has compared Netflix to US retail brand Walmart and HBO to jeweller Tiffany & Co in a bid to distinguish the competing brands. The exec, speaking at the 27th annual Goldman Sachs Communacopia Conference in Dallas on Wednesday (12 September), likened the streaming giant to the US discount department […]

AT&T acquires full stake in Otter Media

AT&T has acquired The Chernin Group’s controlling interest in Otter Media, the joint venture between the two companies. Otter Media, a subscription, advertising and content company, comprises of wholly-owned subsidiary Ellation, an online subscription video service provider, with offerings under the Crunchyroll and VRV brands, as well as a full-service digital media company, Fullscreen. Otter […]