Is Peter Chernin Key To AT&T’s Deal With DirecTV?
Just last month the telco announced that it forged a partnership with former News Corp COO Peter Chernin, valued at $500M, to either buy or build a so-called over-the-top (OTT) online video service. That’s now potentially the biggest — and perhaps the only meaningful — new opportunity for AT&T if it completes its $49.5B acquisition of DirecTV. The satellite company’s CEO Michael White told analysts this week that OTT and mobile video could be ”big win-wins not only for us and our customers, but also for our programming partners.”
deadline.com
Just last month the telco announced that it forged a partnership with former News Corp COO Peter Chernin, valued at $500M, to either buy or build a so-called over-the-top (OTT) online video service. That’s now potentially the biggest — and perhaps the only meaningful — new opportunity for AT&T if it completes its $49.5B acquisition of DirecTV. The satellite company’s CEO Michael White told analysts this week that OTT and mobile video could be ”big win-wins not only for us and our customers, but also for our programming partners.”
deadline.com