So another failed venture by ATT gets sold to Discovery for $43billion. Today, Netflix buys WB for $82billion. ATT must be the worst negotiators ever.
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How in the world is the bald boomer butth0l3 still employed ANYWHERE no less CEO of this company still? Mass incompetence.
It shows how clueless and incompetent the ones in charge truly are
I just saw the word "debt" and wet my pants.
All of this debt will be the undoing of at&t.
Stankey (n., adj.): A person who possesses an almost supernatural talent for buying assets at the absolute peak of market hysteria and selling them at the precise moment of maximum despair, often with exquisite timing that defies both logic and basic arithmetic.
What a bozo.
Netflix doing what loser Stankey couldn’t do, and paying $82.7 billion when we spun it off for ~$40b.
What a fu--ing absolute mo--n god I couldn’t hate that guy any more than I do.
No way John will take this slap in the face, he will counter bid for $150 Billion! His rationale… you can’t fix stupid.
And yet he remains. We wuz told he knows more than anyone, what gives?
I was hoping to get some work as an extra when we bought time Warner.
Stankey and Randall destroy all our jobs and the company from within...
Months before it sold Warner Media to Discovery, it spun off the satellite broadcaster DirecTV, another prong in AT&T's media strategy, with a loss to shareholders of about $49 billion. By The Times's calculation, between the Time Warner and DirecTV deals AT&T has squandered close to $100 billion.Nov 28, 2022