AT&T (T) Lower Amid New Agreement with Disney (DIS)
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Price: $37.44 +0.16%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 4.8%
Revenue Growth %: -1.4%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 4.8%
Revenue Growth %: -1.4%
Trade T Now!
AT&T (NYSE: T) shares are lower amid entering a new, long-term agreement with one of the largest content providers out there.
According to a release this afternoon, AT&T U-verse and The Walt Disney Company (NYSE: DIS) entered a comprehensive long-term distribution agreement to deliver Disney’s robust lineup of top quality sports, news and entertainment content to AT&T U-verse TV customers across televisions, computers, smartphones, tablets, gaming consoles and internet-enabled televisions. The renewal agreement enhances the multichannel business model and supports the companies’ mutual goal to deliver the best video content to customers across multiple platforms.
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According to a release this afternoon, AT&T U-verse and The Walt Disney Company (NYSE: DIS) entered a comprehensive long-term distribution agreement to deliver Disney’s robust lineup of top quality sports, news and entertainment content to AT&T U-verse TV customers across televisions, computers, smartphones, tablets, gaming consoles and internet-enabled televisions. The renewal agreement enhances the multichannel business model and supports the companies’ mutual goal to deliver the best video content to customers across multiple platforms.
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