AT&T this week said it’s launching a WarnerMedia streaming service in late 2019, and the plans could have a negative impact on the company’s licensing revenues and other over-the-top services. Barclays analyst Kannan Venkateshwar pointed out AT&T’s implication that it would defer licensing revenue to later quarters when it would show up as increased subscriber revenues.
Source: AT&T takes on a lot of risk with its OTT plans, analyst says