DirecTV Now

AT&T today announced its earnings for the second quarter of 2018. And as you'd expect, streaming video is having a pretty big impact on the bottom line.

Here are the big strokes, of interest to cord-cutters:

  • AT&T's Entertainment Group — of which DirecTV Now is a part — saw 342,000 net additions in the second quarter
  • That gives DirecTV Now a total of 1.8 million subscribers (up from 1.5 million in Q1)
  • But total video subscribers were up by just 80,000 for the quarter
  • DirecTV satellite subscribers continue to switch elsewhere, losing 286,000 customers

The delivery mechanisms are just a few parts of what AT&T is doing today, though, particularly after AT&T's purchase of Time Warner in Q2. Look for more original programming from the newly formed Warner Media properties, and new features (and new revenue streams) from all of AT&T's assets.

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