AT&T’s top line was stung by its investment in HBO Max in the fourth quarter of 2019 to the tune of $1.2 billion in “foregone licensing revenues.” The telco also continued to see rapid deterioration in its pay-TV business, losing a total of nearly 1.2 million subscribers in Q4. WarnerMedia — comprising Turner, HBO and […]
At&t Q4: Warnermedia Takes $1.2 Billion Hit On Hbo Max Investment, Telco Loses 1.2 Million Tv Subscribers
Todd Spangler, Variety
Wed, 01/29/2020 - 5:04am
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04/25/2024 - 12:51 am | View Link - AT&T Dumps Time Warner Business Four Years After $85B Deal
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