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AT&T Is Doing Exactly What It Told Congress It Wouldn't Do With Time Warner
 

AT&T Is Doing Exactly What It Told Congress It Wouldn't Do With Time Warner

schwit1 quotes a report from Ars Technica: AT&T's decision to prevent Time Warner-owned shows from streaming on Netflix and other non-AT&T services reduced the company's quarterly revenue by $1.2 billion, a sacrifice that AT&T is making to give its planned HBO Max service more exclusive content. AT&T took the $1.2-billion hit despite previously telling Congress that it would not restrict distribution of Time Warner content, claiming that would be "irrational business behavior." A... read more

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