AT&T raises prices for DirecTV Now streaming service

|     Tali Arbel     |

NEW YORK (AP) – AT&T is raising prices for its DirecTV Now streaming TV service, while removing some networks from the cable-like television package.

The changes came just weeks after a United States (US) appeals court upheld the company’s Time Warner takeover. The Justice Department fought it, arguing it would lead to higher prices.

DirecTV Now used to start at USD40 a month. The cheapest for new customers will now be USD50. Packages will now include the AT&T-owned HBO, but the service is dropping some popular lifestyle and entertainment networks not owned by AT&T, including HGTV, Discovery, Food Network and MTV.

DirecTV Now, along with similar services from Hulu, YouTube and others, let people stream regular cable channels over the Internet for a monthly fee. Hulu’s Live TV service and Netflix have also raised prices recently.

Traders gather at the post that handles AT&T on the floor of the New York Stock Exchange. – AP