AT&T is looking into offloading broadcast satellite provider DirecTV, The Wall Street Journal reported Wednesday, citing unnamed sources. It could be done as "a spin-off or combination with Dish," CNBC also reported.
DirecTV could either become its own separate company or be sold off to satellite TV provider Dish -- which also recently-- the Journal expanded.
AT&T declined to comment.
AT&T's media content business has been struggling, rebranded as AT&T TV Now, also lost another 168,000 users in the same quarter.in the second quarter. Its streaming service DirecTV Now, which is being
The company is also facing a lawsuit alleging it $85 billion Time Warner merger. The amended complaint, filed Friday in the US District Court for the Southern District of New York, alleges AT&T "encouraged" its employees to add the service to customers' accounts without their knowledge.ahead of the company's
"We plan to fight these baseless claims in court," an AT&T spokesperson said in an emailed statement Tuesday.
AT&T and WarnerMedia are about to launch include content like Doctor Who, Friends, Game of Thrones, Sex and the City, The Sopranos, Veep, the Gossip Girl sequel, , Sesame Street, , a new and movies including Wonder Woman and Fantastic Beasts and Where to Find Them., which will go live in spring 2020 and
HBO Max is rumored to launch with a starting cost of $14.99 a month, the same as a current HBO subscription, NBC News reported in September.
Originally published Sept. 18, 2:36 p.m. PT.
Update, 2:44 p.m.: Adds AT&T declining to comment, info on AT&T's video business; 2:51 p.m.: Adds info on HBO Max; 4:08 p.m.: Adds more info on options for offloading DirecTV.