The Great Streaming Rebundling Is Here ...Middle East

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The Great Streaming Rebundling Is Here
Three years ago, AT&T fought the Department of Justice, which had raised antitrust objections to its proposed $85 billion deal to acquire Time Warner, and won. The company was betting that it could turn its new holdings into a mighty streaming empire, from which it could then push its phone plans. The company turned HBO, the crown jewel of its new acquisition, into HBO Max, a streaming service aimed at competing directly with Netflix, Disney+, and Amazon Prime. It’s only been a year since HBO Max launched, but it seems that AT&T is already ready to bail on its streaming empire aspirations. On Sunday, it was reported that the company planned on spinning off WarnerMedia and merging it with the

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