How much did we lose on that deal?
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For those of us who recieved WBD shares from the spinoff, what will happen to them? Will we get some shares of stock from the buying company to compensate us? Afterall, we never recieved WBD dividends because the WBD board decided to pay off debt and not pay out dividends to WBD shareholders.
@a4 blame it on Obama, like T ru-p always does.
Lost our a $ $. Again.
T lost $30-$35B on Warner
Most of the talent at WB literally quit when Stinkey took over. They could see he was clueless from the first meeting. I suspect a lot of it came back after the spinoff, thereby restoring the company's valuation. The entertainment business is the opposite of "market based." Talented people in that space are rare and highly sought after. They can't be replaced by Bangladeshi call center workers.
stank treated Warner Bros the way he treats T employees. like a dirty rag and sold it as such, new WB leadership treats WB as gold and is generating a bidding war to see who will pay more
Stankey knows more about making movies than anyone in the whole wide world. Just ask him!
The Stank is responsible for BILLION$ in shareholder wealth DESTRUCTION . Still believes smartest person in the room
We should have held on to Warner.
I just saw the word "debt" and wet my pants.
Everyone got Warner stock in the spinoff, so they may get compensated if they held their shares. At the end of the day it is probably not much better than a wash for the big shareholders, but AT&T is stuck with the debt from this disaster and it will eventually finish the company off. All we can do now is keep cutting headcount (see: RTO), which will continue to demolish our customer retention and ability to compete. They are already selling every asset they can. It is a death spiral.
We offered $200 bill for the buyback.
With something happening so publicly, how does the board not say it was an epic failure on Stankey and can him? I know the BoD are his flunkies, but still, thy can’t look away from such a loss can they?
It doesn’t matter, as long as you understand that it was YOUR fault.