AT&T TV Now, the carrier’s online television service, is raising prices again.
Notices are going out this week telling about 1.3 million customers of AT&T Inc. that prices are rising as much as 30% starting next month. Subscribers who were paying $50 a month for the “Plus” package will see prices climb to $65, while those paying $70 for the 65-channel “Max” package will be charged $80 a month.
It’s the second price hike this year and highlights what has been AT&T’s top priority — to widen margins and reduce a debt load that ballooned to as much as $195 billion after the acquisitions of DirecTV and Time Warner. To ease that burden, AT&T has retreated from competitive pricing and said goodbye to more than 2.3 million TV subscribers in the past year.
AT&T TV Now, previously called DirecTV Now, is a package of live TV channels delivered online. The idea is to attract cord cutters, who are abandoning traditional satellite and cable packages.
MacDailyNews Take: We use and recommend Sony’s rather excellent live TV/cloud DVR service, PlayStation Vue (packages start at $49.99/month).