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re: There are some major issues lurking in the US financial markets

Posted on 1/9/19 at 10:21 pm to
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 1/9/19 at 10:21 pm to
Ok I have a question maybe one of you can help make sense of it....

Why would they create a whole new media company "WarnerMedia" to compete with Netflix etc. When they already have DirecTV Now?

Would it not make sense to add/continue the investment into that asset?

Wondering what I'm missing?
Posted by leoj
Member since Nov 2010
3106 posts
Posted on 1/9/19 at 11:36 pm to
Direct tv now is streaming cable television channels, Warner media is original content with HBO etc.

They have to separate it the same way hbo is separated right now from your normal cable package.

People want cheap tv and then they will pick their streaming service for original shows as extra, or at least as a stand alone subscription.

ATT is going to expand the Time Warner/HBO movie/tv universe to take on Disney/Hulu/Amazon/Netflix. That is a separate initiative beyond getting cord cutters to go with their normal tv streaming services.
This post was edited on 1/9/19 at 11:39 pm
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