From The Motley Fool:
AT&T(NYSE:T) is very much involved in streaming video. The company owns a wide range of over-the-top (OTT) services with a somewhat confusing array of brand names. There’s HBO Now, the direct-to-consumer counterpart to HBO — both are distinct from streaming app HBO Go, which is available to HBO TV subscribers. The company also offers HBO Max, a new premium streaming service. AT&T plans to streamline its HBO offerings by eliminating HBO Go and rebranding HBO Now, but it’s clearly still complicated. And then there are the live TV services, most notably AT&T TV NOW (a skinny-bundle OTT counterpart to the internet protocol product AT&T TV) and AT&T WatchTV.
The company’s luck with live-streaming television hasn’t always been stellar. AT&T TV NOW (previously known as DIRECTV Now) has had more than its share of misfortune. And now it looks like AT&T WatchTV is on the ropes: The service will no longer be taking in new subscribers. It appears AT&T, which has already lost services like FilmStruck, DramaFever, and Super Deluxe (all in late 2018), is set to lose AT&T WatchTV as well.
WatchTV is what’s called a “skinny bundle”: a live TV streaming service that aims to trim the fat and offer a streamlined group of channels for less than what the legacy pay-TV giants charge (though AT&T is itself one of those giants). These OTT multichannel services feature familiar networks like Viacoms Comedy Central and MTV.