Wall Street’s predicting a big shakeup for AT&T’s DirecTV after pay TV’s worst quarter on record
|11/08/2018||Posted by BusinessMediaguide.Com under General World News||
- The pay-TV industry had a terrible quarter, shedding over one million traditional subscribers in Q3.
- This could lead to some major strategy shifts from both traditional and digital TV players, and AT&T has already hinted at some of its plans.
- Analysts at UBS expect AT&T to launch a new digital TV service and reposition DirecTV Now as a low-cost skinny bundle.
- This means some channels, particularly those of Viacom, are in danger of being cut from DirecTV Now as AT&T focuses on profitability.