Behind AT&T's Streaming Competitor HBO Max

AT&T wants to take on the likes of Netflix, Disney, and Apple with its streaming service HBO Max.

By 2025, AT&T aims to reach about 80 million global subscribers, with about 50 million in the United States, a source briefed on the plans told Reuters. They are ambitious targets that would be consistent with Netflix Inc’s (NFLX.O) early progress, and in the mid-range of Disney+, Walt Disney Co’s (DIS.N) Netflix rival, set to launch on Nov. 12.

WarnerMedia hopes this service will get a boost in 2021 when it launches an advertising-supported option at a lower cost, insiders said.

Lee Pace, Jared Harris Star in Apple's 'Foundation'

Apple is bringing Jared Harris (Chernobyl) and Lee Pace (Halt and Catch Fire) to star in its Foundation series.

Based on Isaac Asimov’s novel series of the same name, Foundationchronicles the epic saga of The Foundation, a band of exiles who discover that the only way to save the Galactic Empire from destruction is to defy it. Harris will star as Hari Seldon, a mathematical genius who predicts the demise of the empire. Pace is set as Brother Day, the current Emperor of the Galaxy.