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

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.