New AT&T chief: TV is our next multi-billion $ biz

The incoming AT&T chairman and CEO, Randall Stephenson, who previously served as AT&T's COO, recently said "TV will be the next multibillion-dollar business for our company," but as the former board chairman of Cingular, Stephenson aims to make wireless the cornerstone of his company's bundled offering. Chairman and CEO Edward Whitacre announced he would hand the reins over to Stephenson in June after 17 years at running the company. Stephenson is 47 years old and is a 25-year company veteran.

For more on AT&T's new chief:
- see this report from the WSJ (sub. req.)

Suggested Articles

As for content, audiences have primarily tuned into entertainment and news programming.

The Diffusion Group reported that more than half of U.S. broadband households will live without an MVPD service by 2025.

TiVo has long held relationships with pay TV providers and now its newest device is meeting the demand for operators focusing on broadband.