{"id":9316,"date":"2019-10-20T19:53:00","date_gmt":"2019-10-20T14:53:00","guid":{"rendered":"http:\/\/umang.pk\/2019\/10\/att-hikes-online-tv-prices-up-to-30-in-second-boost-this-year\/"},"modified":"2019-10-20T19:53:00","modified_gmt":"2019-10-20T14:53:00","slug":"att-hikes-online-tv-prices-up-to-30-in-second-boost-this-year","status":"publish","type":"post","link":"https:\/\/umang.pk\/en_us\/2019\/10\/20\/att-hikes-online-tv-prices-up-to-30-in-second-boost-this-year\/","title":{"rendered":"AT&T hikes online-TV prices up to 30% in second boost this year"},"content":{"rendered":"
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Scott Moritz and Kamaron Leach, Bloomberg<\/p>\n

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    File-October 24, 2016, the AT & T logo in the file photo is located above one of New York's retail stores. AT & T is raising prices for streaming TV services for the second time this year. less<\/div>\n
    File-October 24, 2016, the AT & T logo in the file photo is located above one of New York's retail stores. AT & T is raising the price of its second streaming TV service this time … More<\/div>\n

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    \n Mark Lennihan, Associated Press
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      \n Mark Lennihan, Associated Press
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      File-October 24, 2016, the AT & T logo in the file photo is located above one of New York's retail stores. AT & T is raising prices for streaming TV services for the second time this year. less<\/div>\n
      File-October 24, 2016, the AT & T logo in the file photo is located above one of New York's retail stores. AT & T is raising the price of its second streaming TV service this time … More<\/div>\n


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      AT & T raises online TV prices up 30{7be40b84a6a43fc4fae13304fce9a2695859798abfc41afd127b9f8b21c5f9c5} for the second time this year<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n

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      AT & T TV Now, the carrier's online television service, is raising prices again.<\/p>\n

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      A notice is coming out this week notifying AT & T Inc. about 1.3 million customers that their prices are up 30{7be40b84a6a43fc4fae13304fce9a2695859798abfc41afd127b9f8b21c5f9c5} from next month. Subscribers who pay $ 50 a month with the \u201cPlus\u201d package will rise to $ 65, while subscribers who pay $ 70 with the 65-channel \u201cMax\u201d package will be charged $ 80 per month.<\/p>\n

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      With the second price increase this year, after acquiring DirecTV and Time Warner, it highlighted AT & T's top priority to increase margins and reduce the debt burden of $ 190 billion. To relieve this burden, AT & T stepped down from competitive prices and said goodbye to more than 2.3 million TV subscribers last year.<\/p>\n

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      The company, headquartered in Dallas, is also under pressure from activist investor Elliott Management Corp. to sell some businesses and make money.<\/p>\n

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      Saving Money: How to Cut a Cable TV Cord<\/strong><\/p>\n

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      AT & T said in a Friday statement that "the price is adjusted to reflect the cost of delivering content to customers."<\/p>\n

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      Subscriber Exodus, which reached nearly a million TV customers in the second quarter, is expected to accelerate due to rising prices. Analysts expect AT & T to lose 671,000 TV subscribers when it reports financial results for the third quarter of October 28. The price change does not apply to Ureverse TV customers of DirecTV or AT & T.<\/p>\n

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      AT & T TV Now, formerly known as DirecTV Now, is a live TV channel package available online. The idea is to attract cord cutters to abandon traditional satellite and cable packages.<\/p>\n

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      Newsletter: Receive Dwight Silverman's technical newsletter release notes in your inbox every Monday.<\/strong><\/p>\n

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      But AT & T TV Now competes with Sling TV, Google's YouTube TV, and Hulu's live service, which has attracted millions of customers. These services all compete with on-demand video services such as Netflix and Amazon Prime.<\/p>\n

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      For AT & T customers receiving a price increase notification, the company offered two choices: payment or cancellation.<\/p>\n

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      AT & T may email the customer \u201cAs always, you can cancel the package and pricing options if you do not want to review or continue your subscription.<\/p>\n


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      -With the help of Vincent Cinella.<\/p>\n

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      \u00a9 2019 Bloomberg L.P.<\/p>\n

      <\/div>\n<\/pre>\n<\/pre>","protected":false},"excerpt":{"rendered":"

      Scott Moritz and Kamaron Leach, Bloomberg posting Sunday, October 20, 2019 9:53 AM CDT File-October 24, 2016, the AT & T logo in the file photo is located above one of New York's retail stores. AT & T is raising prices for streaming TV services for the second time this year. less File-October 24, 2016, […]<\/p>\n","protected":false},"author":1,"featured_media":9317,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/umang.pk\/en_us\/wp-json\/wp\/v2\/posts\/9316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/umang.pk\/en_us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/umang.pk\/en_us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/umang.pk\/en_us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/umang.pk\/en_us\/wp-json\/wp\/v2\/comments?post=9316"}],"version-history":[{"count":0,"href":"https:\/\/umang.pk\/en_us\/wp-json\/wp\/v2\/posts\/9316\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/umang.pk\/en_us\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/umang.pk\/en_us\/wp-json\/wp\/v2\/media?parent=9316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/umang.pk\/en_us\/wp-json\/wp\/v2\/categories?post=9316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/umang.pk\/en_us\/wp-json\/wp\/v2\/tags?post=9316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}