x
Video services

AT&T's Stankey: No Plans to Sell DirecTV

AT&T COO John Stankey told the Wall Street Journal the company has no plans to sell DirecTV, essentially denying a report that the paper put out last week holding that a sale of the unit was among the possible options being weighed.

Stankey said DirecTV is too valuable to AT&T, as it will play an important role in the company's streaming strategy and as a key cog for an advanced advertising business that is increasingly dependent on viewership data and targeting. The streaming piece will include AT&T's forthcoming HBO Max SVoD service, which will be sold as a standalone service and also rely on distribution through pay-TV providers such as -- AT&T's own DirecTV unit.

The WSJ reported last week that AT&T was "exploring" ways to unload DirecTV, including a possible spin-off or a sale/merger with a company such as Dish Network. The report also said AT&T might ultimately hold onto DirecTV, which still generates heaps of cash (which could help AT&T shrink its debt) despite weathering steep pay-TV subscriber losses in recent quarters. That report came soon after activist shareholder Elliott Management issued a letter to the AT&T board urging it to overhaul its front-office management and to take a look at divesting the struggling DirecTV unit it acquired four years ago for $49 billion.

It's also possible that AT&T flirted with the idea of selling DirecTV as part of a review, but ultimately decided that's the wrong direction. "We're constantly looking at the portfolio," he told the WSJ. "That's the normal course of business and it’s not unique to DirecTV."

Amid last week's report about the possibility that AT&T might pursue a sale of DirecTV, naysayers were quick to point out that a marriage with Dish Network, which could benefit from the cash generated from such a deal to help fund its mobile ambitions, would have a tough time getting past US regulators.

Stankey, viewed as a possible successor to company CEO Randall Stephenson, told the paper that he's not currently searching for his successor at AT&T's WarnerMedia division and that he has no intention of leaving his CEO post at the media giant. NBC News reported today that Jeff Zucker, the president of CNN and a former NBCU exec, is an internal candidate to take over for Stankey, citing five unnamed but "high-level WarnerMedia sources."

Related posts:

— Jeff Baumgartner, Senior Editor, Light Reading

Page 1 / 3   >   >>
openfiles01 3/17/2020 | 5:51:04 AM
how to open dll file extension The DLL file contains a set of procedures or drivers that help to referenced and executed by the windows program.it also helps to contain the multiple programs to access the function for more information read out our full article.  https://openfiles.org/extensions/dll/
rs772244 3/2/2020 | 2:07:26 AM
QuickBooks Customer Service

Thanks, I am so glad I found this place. It is so informative. I came to your website and after reading this post I decided to bookmark this great website for further reading. Keep it up.

I have an idea of the QuickBooks business accounting tool.  This tool is best for small and mid-size businesses. If you face any problem related to QuickBooks then contact our QuickBooks experts on <a href=""> QuickBooks Customer Service </a>

teachme23 2/26/2020 | 5:13:56 AM
how to download a music from youtube If you want to know then we have many options like free youtube music downloader, With youTube Mp3 downloader, free make video downloader and many more options to download the music. 
rs772244 2/25/2020 | 12:41:23 AM
QuickBooks Online Support

Thanks, I am so glad I found this place. It is so informative. I came to your website and after reading this post I decided to bookmark this great website for further reading. Keep it up.

I have an idea of the QuickBooks business accounting tool.  This tool is best for small and mid-size businesses. If you face any problem related to QuickBooks then contact our QuickBooks experts on <a href=""> QuickBooks Online Support </a>

rentostayrooms 2/8/2020 | 5:50:10 AM
Re: ATS Pristine Golf Villas Ultra Luxurious estates coming in segment 150 Noida with the all encompassing perspectives from each housetop. Private film screenings in a storm cellar home auditorium all your own with an arrangement of the bar and a corridor joined 9 gap fairway finished.

A drive of 12 km would get you to Great India Place and Mall of India. What's more, a Hospital only 5 km away. Another 5 km and you will discover instruction establishments like Shriram School, Genesis Global School and Amity University. The temperature-controlled pool is an extremely specific enjoyment with languorous Deck seats that welcome you to loosen up more lethargically.

 

One unified business management suite, encompassing ERP/Finance and eCommerce to Streamline your business that supports multiple functions across your Organization and countries.

visit 
AaronStoinis 2/5/2020 | 11:51:29 PM
Remove Duplicate Transactions in QuickBooks If you wish to remove duplicate transactions in QuickBooks, then the process that you would have to undertake is quite simple. The steps that you must undertake are, as mentioned below:
• Firstly, access the Banking Menu.
• Then you would have to select the Bank Feeds option from the Bank feed center.
• Now you have to select the statement and press the "View" button.
• Further, you have to match the transactions for the same.
• You then have to press "Yes" in the Not Finished Matching screen.
• Then find and select the same statement and opt to delete it.
At any point, if you are unable to complete the given steps, it is best advised that you contact quickbooks helpline number. The trained executives at this service would help you solve the issue at the earliest.https://www.proaccountingweb.com/quickbooks.php
mcafee01 1/23/2020 | 12:48:01 AM
Re: Trial Balloon... provide the fastest protection against the malware and threads, it instantly analyzes and blocks all the viruses. This is helpful for detects the virus, block from the high threat rating. for more query visit our website.
mcafee01 1/23/2020 | 12:48:01 AM
Re: Trial Balloon... provide the fastest protection against the malware and threads, it instantly analyzes and blocks all the viruses. This is helpful for detects the virus, block from the high threat rating. for more query visit our website.
Jamessmith01 1/22/2020 | 5:50:21 AM
DirectTV ok, so you are saying there is no plan to sell direct TV. Can I share your information on the  site?
quickbookssupport14 1/15/2020 | 4:14:34 AM
Re: Cost will increase
You can easily grow your business by using Quickbooks chat support. It helps you create and send professional invoices online to your customers. If you want to customize invoice templates according to your brand identity and email then to your customers with the invoice features. If you have any kind of issue so you can visit our official website.
Page 1 / 3   >   >>
HOME
Sign In
SEARCH
CLOSE
MORE
CLOSE