In the latest example of the media empires striking back against the burgeoning SVOD firms, AT&T has revealed plans to launch a new direct-to-consumer streaming service in the fourth quarter of 2019.

AT&T already offers a direct-to-consumer live TV offering in the form of DIRECTV Now, but the new DTC service will lean heavily on the Warner collection of films, television series, libraries, documentaries and animation, especially brands like HBO. It noted also though that existing distributor relationships would remain vital.
“This new WarnerMedia offering will bring audiences a product that doesn’t exist in the market today. And no other company can offer these brands to consumers the way that we will,” commented WarnerMedia CEO John Stankey.
“We are committed to launching a compelling and competitive product that will serve as a complement to our existing businesses and help us to expand our reach by offering a new choice for entertainment with the WarnerMedia collection of films, television series, libraries, documentaries and animation loved by consumers around the world...We expect to create such a compelling product that it will help distributors increase consumer penetration of their current packages and help us successfully reach more customers.”