AT&T Reverses Course and Spins Off WarnerMedia for $43B Merger with Discovery

[handullz]

Great Article on the Transaction

http://variety.com/2016/biz/features/att-time-warner-merger-media-landscape-questions-1201899202/

 

[Master Zik]

I been noticing from recent commercials Time Warner Cable is trying to do a brand/image change by calling themselves Spectrum now

 

[sharpshooter718]

They got bought out by charter. It's a totally different company now. I worked in the executive office the last year and a half before it went down. I still got my gig with spectrum so I'm cool

 

[dipsetgeneral]

Damn, i need to work for AT&T

 

[rillo561]

I been noticing from recent commercials Time Warner Cable is trying to do a brand/image change by calling themselves Spectrum now

Same with Comcast/Xfinity. Still a gold plated turd

 

[Mark Antony]

AT&T is a monopoly and no one even checking.

 

[Master Zik]

They got bought out by charter. It's a totally different company now. I worked in the executive office the last year and a half before it went down. I still got my gig with spectrum so I'm cool

I just saw a new commercial giving a bit more details. They teamed up/merged with somebody else.

 

[sharpshooter718]

Time warner and time warner cable are two seperate entities....

 

[oh you mad]

So this deal is going through and now Comcast is trying to scoop up 21st Centrury Fox

Pockets gonna hurt just to watch some tv smh

 

[Ja's 2¢]

HBO and Turner Bosses Exit
https://www.thewrap.com/with-exit-o...s-att-tries-to-fix-what-aint-broken-analysis/

ATT gonna end up ruining these companies trying to make them Netflix-like

 

[Ja's 2¢]

AT&T spins off WarnerMedia merging it with Discovery for $43B. AT&T putting focus back on telecommunications.

https://www.cnn.com/2021/05/17/media/warnermedia-discovery-deal/index.html

 

[DB Cooper]

AT&T is sinking. They're in so much debt, it's ridiculous. Seeing how much of a loss they took when they offloaded DTV is mind blowing.

 

[Master Zik]

Yeah, they were in too much debt off the recent Times Warner purchase and weren't patient enough to see it through to a potential profit.

Probably with their focus they'd remain in debt so they spin the purchase in to a new merger. Must be nice.