show reports 2020 AT&T

AT&T Discloses DirecTV Q2 Subscriber Losses as Telco Preps for Pay-TV Unit Spinoff

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variety.com

Todd Spangler NY Digital EditorDirecTV, which AT&T is in the midst of spinning off, continues to bleed subscribers — although according to the company, the loss in the second quarter of 2021 wasn’t quite as bad as it has been in recent quarters.AT&T revealed the subscriber numbers for its pay-TV video business in an SEC filing Friday related to new debt financing.

The company, which also plans to spin off WarnerMedia and combine it with Discovery, is set to report Q2 earnings next Thursday, July 22, before the market opens.Click here to sign up for Variety’s free Media Earnings newsletter.The company’s aggregate premium video subscriptions at the end of the second quarter of 2021, primarily comprising DirecTV along with AT&T TV and AT&T.

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