Offering access to Locast via DirecTV may undercut the threat by station owners who cut the viewing of channels at times of dispute.
The Texas-headquartered AT&T a leading telecommunications company and the owner of DirecTV is reportedly favoring free streaming services to combat loss of broadcast channels over fees disputes.
According to trusted sources, TV subscribers are witnessing blacked out channels due to the non-agreement on fees between the channel owners and cable companies like DirecTV.
AT&T in a statement claimed to have donated $5,00,000 to a non-profit organization called Locast that streams broadcast channels for free. AT&T also allows access to Locast through its U-verse cable service and DirecTV.
According to industry experts, the investment by AT&T could remove the threat by station owners who cut the viewing of channels at times of dispute.
Viewers would be able to install a digital antenna for channels like ABC, CBS, NBC and Fox, however, the viewers can install. However, in case of channels like ESPN and Comedy central, neither Locast nor an antenna will help in case the channel that blacks out is a cable network.
Citing reports, cable companies have protested the high fees charged by TV station owners and cable channels as viewership is shifting online.
As per reliable sources, terms of deal have not been disclosed yet.
About AT&T:
AT&T began operations in 1983 and has emerged as the world’s largest telecommunications company and the largest provider of mobile telephone and fixed telephone services in USA.
DirecTV, a subsidiary of AT&T transmits digital satellite television to houses in USA, Latin America and Caribbean. DirecTV has over 21 million subscribers and as of the first quarter of 2017, generated revenue of approximately $12 billion. The company faces strong competition from Netflix, Charter communications, Ajax and Dish network.
Source credits: https://www.marketwatch.com/story/att-backs-free-streaming-service-as-hedge-against-losing-broadcast-channels-2019-06-27
The latest Pharmacy Automation Systems market research added by Market Study Report, LLC, delivers a concise outline regarding the potential factors likely to drive the revenue growth of this industry. The report delivers valuable insights on mark...
Market Study Report recently added a new report on Global HR Service Delivery Software Market, which is an in-depth study providing complete analysis of the industry for the period 2020 to 2025. It provides complete overview of Global HR Service D...
Global Segmented Ball Valves Market Research Report: Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2025
© 2021 Algos Online. All Rights Reserved.