AT&T’s Troubling Plan to Change HBO
The telecom giant, which just acquired Time Warner, is seeking to drastically change the premium-cable channel in order to compete with the likes of Netflix.
Please don’t ruin HBO :(
“Stankey isn’t the only executive worried about the rise of Netflix. Disney is preparing to launch its own streaming service, and its proposed acquisition of Fox would help fill out its library of properties. The future of media will certainly revolve around subscription-based streaming services. But Netflix is turning into a kind of broadcast-TV network: a big umbrella for lots of different kinds of programming. Founded more than 45 years ago, HBO has long been a challenge to broadcast television, staking its reputation on offering something different. As the slogan went, it’s not TV, it’s HBO. Now, Stankey wants to make it TV.”Posted on 2018-07-09T22:43:54+0000