Viacom is blasting telco giant AT&T on several fronts as the companies wrestle over a carriage renewal deal that is vital to Viacom’s long-term financial health. As of Tuesday, Viacom had begun running crawls and promo spots on its channels warning viewers that Nickelodeon, Comedy Central, BET, MTV and other channels could go dark on AT&T’s DirecTV as of midnight ET on Friday, when the current contract expires.
DirecTV Now used to start at $40 a month. The cheapest for new customers will now be $50. Packages will now include the AT&T-owned HBO, but the service is dropping some popular lifestyle and entertainment networks not owned by AT&T, including HGTV, Discovery, Food Network and MTV.
WarnerMedia CEO John Stankey, who is overseeing AT&T’s takeover and integration of Time Warner, made $16.55 million in 2018, up 64% from $10.01 million a year before. In an SEC filing on Monday, AT&T also reported that CEO Randall Stephenson, whose giant telecommunications company also owns and runs DirecTV, saw his total compensation last year rise to $29.1 million, against a year-earlier $28.7 million.
Disney wants to get even more control over Hulu: The company is in active discussions with AT&T to acquire the 10% stake that WarnerMedia owns in the streaming joint venture.
The combination of one of the country’s largest wireless carriers and TV providers with a major TV and movie company has already reshaped the media landscape. Here’s a look back at the deal, the pushback from the government and its future implications.
AT&T, one of the biggest advertisers in the U.S., had balked because offensive content too often accompanied its ads. Now, after nearly two years, it says YouTube has addressed the issue.
AT&T’s Turner networks and advertising business Xandr said Tuesday they have begun using the wireless carrier’s customer data to help advertisers better reach audiences across Turner brands like CNN and TBS on TV and over digital platforms.
AT&T is activating its mobile 5G network in parts of 12 cities this week, with plans to add seven more cities in the first half of 2019. Consumers in the cities can try out the Netgear Nighthawk 5G Mobile Hotspot on the 5G network with AT&T supplying select consumers and businesses their first mobile 5G device and data usage an no cost for 90 days