AT&T has held internal discussions about selling Game of Thrones

AT&T has held internal discussions about selling the European arm of HBO, the TV network that makes Game of Thrones, as it attempts to cut its $170 billion debt load… HBOwas seen as the crown jewel of the Time Warner media empire, which AT&T acquired last year in a $80 billion deal. But there has since been discord between the Texas-based telecoms company and its New York-based media executives, which led to the departuresof HBO chief executive Richard Plepler and chief revenue officer Simon Sutton… HBO… has operated in Europe for decades, licensing its programming to local broadcasters and pay-TV companies across more than 20 countries. HBO Europe… has become a competitor to Netflix in the region, pushing its own direct-to-consumer streaming service and amassing about 10 million subscribers in countries including Spain, Sweden, Denmark and Poland. As well as distributing popular HBO series such as The Sopranos, it also makes popular local-language programmes and offers content made by other networks… Comcast-owned Sky would be an obvious buyer… given its existing relationship with the network. HBO content is licensed exclusively through Sky in the UK, Germany and Italy.
Anna Nicolaou and James Fontanella-Khan