Free streaming with cable, Netflix's election backlash, and AT&T turns off the TV

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Free streaming with cable, Netflix's election backlash, and AT&T turns off the TV
admin 2024/10/07 01:50

Business news roundup.
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As cord-cutting continues to rise, one cable company is partnering with streaming platforms in an effort to keep its customers.

Charter Communications (CHTR) announced Wednesday that its new, multiyear distribution deal with NBCUniversal — the parent company of NBC, Telemundo, Bravo, SYFY, and USA Network — will give subscribers free access to Peacock (CMCSA), NBCUniversal’s streaming platform.
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AT&T is getting out of the TV business

Telecommunications giant AT&T (T) is selling its remaining stake in DirecTV, as it looks to shift its focus back to wireless 5G and fiber connectivity offerings.
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Netflix’s CEO backed Kamala Harris. Cancellations quickly surged

Netflix (NFLX) saw a spike in cancellations shortly after its co-founder and chairman Reed Hastings endorsed Vice President Kamala Harris for president and made a considerable donation to support her campaign. Read More

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