The company’s pay TV bloodletting came a day before WarnerMedia is set to unveil details on HBO Max.
By: Tyler Hersko
AT&T lost 1.4 million pay TV customers in its third quarter, a customer bloodletting that the company blamed on rising prices and programming blackouts.
The Dallas-based company lost around 1.16 million premium TV subscribers, while AT&T Now saw 195,000 subscribers leave the service. It’s likely that the corporate feuding that caused CBS to go dark on DirecTV and AT&T U-Verse earlier in the year contributed to the company’s pay TV losses.