WHY THIS MATTERS:The telco's third-quarter results indicate that, like its cable peers, AT&T "is suffering from the ravages of cord-cutting," as DirecTV Now additions weren't enough to overcome U-verse and DirecTV subscriber losses, MoffettNathanson analyst Craig Moffett said.
WHY THIS MATTERS:The possibility of a permanent blackout of Viacom's networks on Charter Spectrum puts $800 million in affiliate revenue and $600 million in ad revenue at risk, Credit Suisse analyst Omar Sheikh said Thursday.
WHY THIS MATTERS:The feature enables Plex Pass subscribers to watch live TV on supported devices via an integration with broadcast TV antennas and tuners.