Beyond that, AT&T also gets revenue by licensing those movies and TV series to other pay-TV providers and subscription Net TV services such as Netflix. "Video and entertainment will remain the key driver for the future of consumer-oriented services," said Parks Associates. "Video, virtual reality, and other entertainment experiences are data-hungry. They will be the experiences that push consumers to higher tiers of broadband or mobile data."
From the article "AT&T-Time Warner Deal Could Spur More Mergers, Scrutiny" by Mike Snider and Roger Yu, USA Today.