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AT&T makes money from content…by flogging assets

AT&T has agreed to sell its Crunchyroll anime business to Sony for close to US$1.2 billion, and is reportedly in the latter stages of a sale process for DirecTV, which could be worth about $15 billion.

Quixotic Quibi quits

Mobile streaming video startup Quibi, which was backed by Hollywood, has been forced to shut down after its core narrative failed to persuade.

Australians embrace SVoD as Foxtel flounders

Subscriptions to home entertainment services in Australia grew by 5.6 million in the year to the end of June as consumers sought out ways to deal with the Covid-19 lockdown.

Sky steps up its Italian Job

Sky Italia has confirmed it will expand its broadband footprint in the Italian market as it seemingly eyes up the convergence dream.

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