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264

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.

(post is archived)

[–] 3 pts

It was the worst fucking purchase they have made. I'm so glad they dumped that shit. Fuck TW.