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AT&T is selling DirecTV, Xandr, and more? | September 2, 2020 Piper Rundown
AT&T is considering selling their stake in DirecTV to deal with their mounting debt burden.
AT&T bought the business for $49 billion in 2015, and a sales price would come at a huge loss. DirecTV’s subscriber base is declining at 18% a year, with Ebitda (earnings before interest, taxes, depreciation, and amortization) falling in the high teens.
AT&T is exploring the potential sale of its digital advertising division, Xandr, as well. AT&T acquired the biggest component of those operations, AppNexus, for about $1.6 billion in 2018 under a plan to challenge heavyweights, like Google, a piece of the multibillion-dollar digital ad marketplace.
0:00 - September 2, 2020 Piper Rundown
0:58 - AT&T selling DirecTV
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14:09 - Patreon raises $90 million
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🕺Aaron Watson, Chief Executive Officer of Piper Creative
https://www.linkedin.com/in/aaronbwatson
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Aaron has an obsession with storytelling, business building, and creating media that leads to sales.
Aaron’s experience in media creation and strategy started at the age of 23 when he launched a podcast, Going Deep with Aaron Watson. In the subsequent 3 years, he has built a powerful network, executed profitable events around Pittsburgh, and started a paid public speaking career on the back of his digital media brand building.
As the co-founder of Piper Creative, Aaron is passionate about leveraging his expertise to help others build healthier company cultures, execute effective storytelling, and master the distribution of their content.
🧑🏻Hannah Phillips, Chief Creative Officer of Piper Creative
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https://www.instagram.com/hpmedia/
Hannah is our brilliant visual media artist that produces genre-defining work across digital video, photography, graphic design, and fine art.
From an early age, she developed a love for art and creating, and has grown those passions into hard skills that build businesses.
She started her first media company in 10th grade and was dedicated to growing it part-time throughout high school.
At Piper Creative, she guides and mentors the next generation of creatives while leveraging their skills to transform brands and drive business outcomes.
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