Summary
- I remain bullish on AT&T as management continues to stick to their plan of creating an On-Demand Streaming service, further diversifying their entertainment assets.
- The new streaming bundle, although pricier than its competitors, will be competitive as it includes a plethora of content.
- Having a large library of content will likely reduce churn on its streaming platform as large ticket shows go off the air.
(Image source: Adexchanger)
For the first article of this series, just click here.
If you have read any of my previous articles on AT&T (T), it is quite obvious I am bullish on AT&T for a variety of reasons, the most apparent reason being their vision for becoming a modern media company. Although management has been under pressure for quite some time, they have created a plan for becoming a major player in streaming and it is a plan in which I believe. For that reason, I will continue to recommend AT&T until the path moving forward becomes foggy or changes for the worse.
Source: Seeking Alpha
