HBO Max has bumpy start, ‘isn’t a game changer for AT&T,’ analyst says

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AT&T’s newest streaming service HBO Max may be filled with DC superheroes, wizards, hobbits and Looney Tunes, but that may not be enough for investors.

The new platform also faces tough comparisons with Disney+, Disney’s foray into subscription streaming, which not only had a massive number of subscribers at the time of its launch in November, but has been praised for its streamlined service and original content.

“HBO Max’s launch has thus far been notably less smooth than the launch of Disney+, due to a variety of factors, including confusing branding, uncertainty about how to get the product, and limitations

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AT&T shuts Venezuela subscription TV unit, citing U.S. sanctions

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Antennas of satellite tv company Directv are seen in the low-income neighbourhood Catia after AT&T Inc said on Tuesday it has closed its DirecTV Latin America operations in Venezuela, in Caracas, Venezuela May 19, 2020. REUTERS/Manaure Quintero

(Reuters) – AT&T Inc (T.N) said on Tuesday it was shutting its DirecTV subscription access to Venezuela due to U.S. sanctions, cutting off a key source of entertainment for millions of people stuck in their homes under a strict coronavirus quarantine.

DirecTV was the country’s most popular television service, providing a range of foreign channels as alternatives to the country’s beleaguered

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Verizon, AT&T, Comcast won’t cancel service through June due to coronavirus

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WASHINGTON (Reuters) – Verizon Communications Inc (VZ.N) and AT&T Inc (T.N), the two largest U.S. wireless carriers, as well as cable giant Comcast Corp (CCZ.N) said on Monday they will extend a commitment through June 30 not to cancel service or charge late fees to customers who have been impacted by the coronavirus pandemic.

FILE PHOTO: A man stands next to the logo of Verizon at the Mobile World Congress in Barcelona, Spain, February 26, 2019. REUTERS/Sergio Perez

In March, the Federal Communications Commission (FCC) said major wireless and internet providers – including Verizon,

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AT&T announces John Stankey will become CEO on July 1

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(Reuters) – Veteran John Stankey will take over as AT&T (T.N) chief executive officer, the company announced on Friday, as the U.S. telecommunications and media giant grapples with the impact of the coronavirus outbreak and its entrance into the global streaming wars.

FILE PHOTO: John Stankey, CEO of WarnerMedia poses as he arrives at the WarnerMedia Upfront event in New York City, New York, U.S., May 15, 2019. REUTERS/Mike Segar

Stankey will take over on July 1. Randall Stephenson, AT&T’s current CEO, said Friday he will retire, but will serve as executive chairman of the board until January

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