According to a post by Alex Deucher, the canonical way to build the ATI driver with TV Out support that he maintains is:
If you get this error after running autogen.sh, you forgot to install libtool:
configure.ac:38: error: possibly undefined macro: AC_DISABLE_STATIC
If this token and others are legitimate, please use m4_pattern_allow.
See the Autoconf documentation.
configure.ac:39: error: possibly undefined macro: AC_PROG_LIBTOOL
autoreconf: /usr/bin/autoconf failed with exit status: 1