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AT&T Plans To Launch Internet Video Service

Posted by Unknown on from the yet-another-awful-option-no-one-wants dept.

An anonymous reader writes "AT&T officially announced on Tuesday their intention to launch a Netflix-like service in collaboration with an investment group run by a former Fox president. AT&T is following in the footsteps of Verizon, which partnered with Redbox in 2012 to offer the same type of service, and like Verizon, is also still negotiating with Netflix on payments to not throttle Netflix traffic."

1 of 43 comments (clear)

  1. A corporate tax scam by bazmail · · Score: 1, Redundant

    Classic tax scam. They can charge their video subsidiary for faster bandwidth, like what happened to Netflix, and write that off against their tax bill. Classic. They are not actually trying to compete with YouTube or Netflix.