AT&T Launches Streaming Service at $15-per-month

www.theverge.com

With cable-cutting options growing these days with Sling TV, DirecTV Now, and Hulu, AT&T is throwing its own hat into the bucket by launching a streaming TV service called WatchTV - it includes 31 channels at launch (including CNN, TBS, TNT, AMC, and HGTV) and Cartoon Network, CNN, TBS, TNT, and TCM - as a result of AT&T's acquisition of Time Warner. AT&T is also rolling out new unlimited plans that would include one streaming service for free each month from options such as HBO, Cinemax, SHOWTIME, Starz, Amazon Music Unlimited, or Pandora Premium. The battle of the networks is officially in high gear. 

Companies mentioned (YTD): AT&T (-19%), Pandora (+72%), Amazon (+47%)

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