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March 12, 2018

AT&T Files Stock Offering for DirecTV Latin America

AT&T will file a registration statement for a U.S. IPO of shares in DirecTV Latin America. A stock offering for Vrio could bring in up to US $100 million in proceeds and help AT&T to pay down debt as it tries to close the acquisition of Time Warner.

Facebook Strikes Deal to Stream MLB Games

Facebook has signed an exclusivity deal with MLB to stream 25 matches on the social network. This is the first time a U.S. major league has granted a social network exclusive rights to broadcast games.