Carriage Fights Could Hurt Video Sub Numbers, AT&T Says
AT&T said carriage disputes might have incremental effects on its video customer counts, Wells Fargo analyst Jennifer Fritzsche wrote investors Wednesday. She said the company indicates it's working through various asset sales including 2,700 or so towers in the U.S.…
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and Mexico and four regional sports networks. AT&T Chief Financial Officer John Stephens made the comments at a Bank of America Merrill Lynch conference. Disney has begun warning of a possible blackout on AT&T video services (see 1909100018), after recently ended Nexstar and CBS blackouts (see 1908300010 and 1908080040).