Connect with us

Hi, what are you looking for?

THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle



AT&T unveils TV streaming service

AT&T hopes to combat Netflix

AT&T announced on Thursday that they have created their own streaming service, WatchTV, through which consumers can stream CNN, TNT, and other channels.

The streaming service is the first revealed project after the massive AT&T-Warner deal that closed two weeks ago. WatchTV will help the merged companies position itself against Netflix, which dominates the market and posts a net worth more than both companies.

To start, AT&T will offer the service through its unlimited wireless phone plans for free. After evaluating its performance, it will likely unravel it as its own service that anyone can buy for just $15 a month. Moreover, AT&T currently offers DirecTV for $35 a month, so this is a much more attractive option for younger viewers that don’t wish to spend that much money. The main feature that separates the two is the access of sports channels, which WatchTV will not have.

Plus, not only will WatchTV include 30 live channels that AT&T owns, but it will also include channels that it doesn’t own such as BBC. According to the company, the streaming service will have over 15,000 TV shows and movies for the viewers’ choosing.

However, investors did not seem impressed on Thursday, as the stock value of AT&T (T) dropped roughly 1.5%. Likely, this is because investors realize that although this represents a good first step for AT&T in combatting Netflix and Amazon, they will need to do much more to gain market share, especially considering Netflix is just $10 a month.

Nevertheless, this project reveal represents the first of many to come for the newly merged media giant. It will be exciting to see what other developments the company can produce as they continue to grow.


Featured image via Wikimedia Commons

Comment Template

You May Also Like


South Dallas AT&T customers lose service following copper cable theft. Due to copper wire theft, AT&T customers in South Dallas are experiencing lengthy service...


Amazon CEO Andy Jassy emailed employees revised return-to-work guidelines in February 2023. Starting on May 1, 2023, most Amazon employees were required to work...


The e-commerce company claims to have already replaced 95 percent of plastic air packing with totally recyclable paper filler. Amazon is on pace to...


Spotify just hiked fees, but there is a new, lower-cost tier for ad-free music. Spotify recently stated that it will raise costs in the...

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.