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132

AT&T just dumped Time Warner. What makes that news to me? The fact that AT&T paid $85.4 billion dollars for Time Warner just 4 years ago. They just sold it for $43 billion. That's a drop in value of over 50% since 2018. CNN. HBO. Warner Brothers. DC Comics...it's all going down the tubes. H/T: @Josephdickerson at QV.

AT&T just dumped Time Warner. What makes that news to me? The fact that AT&T paid $85.4 billion dollars for Time Warner just 4 years ago. They just sold it for $43 billion. That's a drop in value of over 50% since 2018. CNN. HBO. Warner Brothers. DC Comics...it's all going down the tubes. H/T: @Josephdickerson at QV.

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[–] • 6 pts

Ooooops.

I guess these greedy, evil, narcissists bet on the wrong horse(s).

Themselves.

This is what happens when you're dumb enough to believe your own hype.

Have a nice trip, scumbags.

[–] • 1 pt

Spouting all that woke shit for the last three years just cost them $42 billion!!!

And that's just one company!

The total damage across all the brands that did this could be a trillion dollars. And all they did was fire up people to fight back.

I guess they got high off their own supply. Believed their own lies and thought they could tell everyone what to think.

That was an expensive mistake!

[–] [deleted] • -1 pt

They believed advisors that told them lies and they are not in touch with the customers they sell to. They are so fucking rich it's like Mr Howell on Gilligan's Island trying to create new products for Mary Ann's Kansas family to want to purchase, they have no clue so they hire people to find out but they haven't got a clue either.

They forget huge cities and rich neighborhoods make up a tiny part of their country and the world and they have no idea on how NORMAL working class people think. I say working since they are the ones that make money and spend it on family and kids and friends. They don't know fucking shit, they have to leave the gated community and offices and spend a while walking and talking and not in a suit but dressed like their customers and listen don't try to convert or sell. It's just common sense.