Yes! the news is actual. The company has been in talks  to launch its own streaming service using all the content it picked up in the recent Time Warner deal, and with the 85 USD million dollar deal AT&T is set to open its own streaming service in Fall 2019, which means that the content licensed under TW deal would be exclusively available on their upcoming streaming service

“We are going to have to take a lot of the great content we own that’s been licensed elsewhere and bring that back into the fold,” Stephenson said today.

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He said he expects AT&T’s new subscription video service to attract “tens of millions of subscribers.”This will become a significant driver of our growth over the next few years,” he said.

AT&T has not announced the price of the new video service. Disney+, which launches Nov. 12, will be $7 a month.

The consequences?

Disney is planning to take back its library, which includes Pixar, Marvel, and Star Wars movies, from Netflix for its own services. So in fact at the end, you gotta pay more to watch all your favorite content such as Big Bang Theory, Marvel Avengers Movie, Friends, etc.


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