"We took a 15 billion dollar writeoff on DirecTV, but that's what we intended when we bought it."
"Warner is doing sh***y, but none of it was our fault."
"The only parts of the business that did well are what every one of you told us: broadband, mobile, and business."
"Conclusion? Fewer of you, less for you, more of Randall, and more for me."
It's kinda sad that the Warner Bros. Legacy from 100+ years ago is reduced to this...
Warner Medias failure is 100% their fault! Warner BROTHERS was the #1, premiere studio for 100 YEARS! The second Stankster and his new BFF Jason Kilar came in, they dismantled the entire company in 5 months! Thats what happens when you hire TECH people to run a media company. It's absolutely heartbreaking to see the lives destroyed because of these fools! ATT/WM is the most hated name in Hollywood now. No-one will do business with them, so might be tough for them to fulfill their dream of HBO-whatever they're calling it today, when no talent will work for you!
For anyone curious about a deep-dive on Stankey's business strategy and his style of intentional execution, the following video goes into some granular details. Truly an inspiring leader.
https://www.youtube.com/watch?v=urnRVr1P2bc
We bought DTV for the NFL Sunday Ticket. No one else had it. Then we decided to support the SJW movement that decimated NFL viewership.
Oops.
""We took a 15 billion dollar writeoff on DirecTV, but that's what we intended when we bought it.""
WTH - why did you buy it then. was it to k–l the competition?
The Direct TV acquisition has been a complete disaster, and I blame every one of you for it. You're all fired. I would never exercise personal accountability after all.
You can’t make this stuff up!
Stankey 2021: "We took a 15 billion dollar writeoff on DirecTV, but that's what we intended when we bought it."
Randall 2015: "The day the DTV Purchase closes is the day U-verse becomes very profitable"
Do we have a little revisionist history here?
Never have so few done so little for so many!