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The company was founded in 2006 and now provides the content to 50 million registered users all over the world.
The company was able to get over 1 million paying subscribers by 2017, and in 2019 the number crossed 2 million.
Although, this should not come off as a shock since AT has an insanely high debt load, so it is probably a very logical thing for the company to do, to deal with its current crisis.
Both the companies are yet to make any official comment regarding the deal.AT debt load is estimated to be about $151 billion, and the company is also considering a sale of its Interactive Gaming Division to offset its sizable debt.
The company seems to be in deep waters and is desperately looking for ways to get out of its predicament.
The streaming site has doubled its paying subscribers in just two years as it continues to grow exponentially.