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— ACC Network (@accnetwork) July 23, 2020
I can’t thank all of the appropriate people for their kind words and thoughts shared over last many hours for the @SenateCommerce approval of my nomination to a new term @FCC. It means so much and I am so honored!
— Mike O’Rielly (@mikeofcc) July 23, 2020
➢ 222mln flat-panel TVs will ship in 2020, a 3% decrease from 2019.
➢ Video streaming services became more popular during lockdown due to their low cost. The increase in streaming services caused a surge in streaming media adapter shipments of more than 4mln units.
➢ Despite the headwinds caused by COVID-19 in 2020, the global flat-panel TV market is expected to rebound in 2021 as businesses reopen.
➢ The market is projected to grow at CAGR 4.3% to reach 275mln units in 2025.
(Source: ABI Research)
“When we did the DirecTV transaction, what we were interested in was ensuring that we could build a platform that allowed us to do things like offer advertising into our customer base, allow them to take their entertainment wherever they go, to do it on their terms. And we were talking about that back in 2015, and HBO Max and what we’ve done with AT&T TV gives us some very capable platforms to ensure we can continue to evolve the product in that way… And if that takes us down a path that says satellite delivery is less important, so be it. But I’m not going to speculate on where we go.”
– AT&T CEO John Stankey speaking with CNBC’s “Squawk on the Street” on a potential DirecTV sale