AT&T's video entertainment revenue fell from 28.61 billion U.S. dollars in 2020 to 15.51 billion in 2021. This decrease in reported revenue is likely due to AT&T closing a transaction with TPG Capital in July 2021 to form a new company called DIRECTV Entertaiment Holdings, LLC, which resulted in the separation of their video businesses from their reporting and moved the accounting for this segment to their investments reports.
AT&T's video entertainment revenue from 2013 to 2021
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The source states that the 2015 increase in revenue "was primarily related to (...) acquisition of DirecTV."
According to the source, on July 31, 2021, AT&T closed their transaction with TPG Capital (TPG) to form a new company named DIRECTV Entertainment Holdings, LLC (DIRECTV). With the close of the transaction, AT&T separated their Video business, comprised of U.S. video operations, and began accounting for their investment in DIRECTV under the equity method.
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AT&T. (February 16, 2022). AT&T's video entertainment revenue from 2013 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/524296/at-t-video-revenue/
AT&T. "AT&T's video entertainment revenue from 2013 to 2021 (in billion U.S. dollars)." Chart. February 16, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/524296/at-t-video-revenue/
AT&T. (2022). AT&T's video entertainment revenue from 2013 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/524296/at-t-video-revenue/
AT&T. "At&t's Video Entertainment Revenue from 2013 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 16 Feb 2022, https://www.statista.com/statistics/524296/at-t-video-revenue/
AT&T, AT&T's video entertainment revenue from 2013 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/524296/at-t-video-revenue/ (last visited August 25, 2024)
AT&T's video entertainment revenue from 2013 to 2021 (in billion U.S. dollars) [Graph], AT&T, February 16, 2022. [Online]. Available: https://www.statista.com/statistics/524296/at-t-video-revenue/
