AT&T Wants to Take the Streaming War to the MAX
"Brush your teeth, go to the bathroom, and stop doing the Macarena." Sometimes as a parent, you find yourself saying something you never thought possible. As an investor, here is a statement I never thought could be true: AT&T (NYSE: T) could be the most significant threat Netflix (NASDAQ: NFLX) has ever faced.
HBO has been around for more than 40 years, yet the newly launched streaming service HBO Max hopes to significantly broaden the media provider's subscriber base. HBO Max will offer a catalog of movies and TV series, original shows, licensed content, and eventually live sports. Though there are other services that cost less, HBO Max hopes to prove the phrase "You get what you pay for."
Image source: HBO.
Source Fool.com
