👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

AT&T to offer Hulu on website, app this year

Published 05/13/2015, 03:30 PM
© Reuters. The signage for an AT&T store is seen in New York
T
-
AMZN
-
VZ
-

By Malathi Nayak and Devika Krishna Kumar

(Reuters) - AT&T Inc (NYSE:T), the No. 2 U.S. wireless company, said on Wednesday its users will be able to access the Hulu streaming video service on its website and mobile app starting later this year.

The service will be available to AT&T customers who subscribe to Hulu. In addition to using the Hulu app, users will be able to view Hulu content on AT&T's app and website alongside the wireless company's existing library of videos such as those from video maker Fullscreen.

Fullscreen, one of the biggest networks on YouTube, is majority-owned by Otter Media, a joint venture between AT&T and Peter Chernin's The Chernin Group that creates web-based video content.

As part of efforts to deliver video over the Internet outside of a TV subscription or "over the top," the company has been partnering with content makers such as Hulu and Amazon (NASDAQ:AMZN) Prime Video to bring online video to users. The company has been bundling video content with its Internet packages and pay TV packages.

AT&T announced its plans a day after rival Verizon Communications Inc (NYSE:VZ), which plans to launch a mobile video service this summer, said it would buy AOL Inc to access its mobile video advertising technology.

AT&T is also considering bringing a Hulu app to TV, AT&T said on Wednesday.

© Reuters. The signage for an AT&T store is seen in New York

AT&T's $49 billion deal to buy satellite TV provider DirecTV is being reviewed by regulators and both companies say they expect to close the deal this quarter. Through the acquisition, the company could bundle phone Internet and TV services and offer new packages.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.