AT&T and The Chernin Group are looking to join the likes of Netflix, Amazon and Hulu after partnering for a $500m investment in video streaming services.
The pair initially came together last year when they put in a joint bid for Hulu.
Full details of the planned offering have not yet been disclosed but the intention is to “acquire, invest in and launch” services, although further details of the acquisition strategy have not been given.
”AT&T and The Chernin Group are combining our skill sets to address the growing consumer demand for accessing content how and when they want it,” explained Read full story ›
Source: The Drum
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