3 ms·
> You can quibble about the semantics of ownership AT&T spun out Time Warner and merged it with Discovery because it had no idea what to do with it or how to r
by dehrmann 5y ago
> You can quibble about the semantics of ownership
AT&T spun out Time Warner and merged it with Discovery because it had no idea what to do with it or how to run a media company.
Comcast only bought NBC Universal in 2011. Only one major media company (and not even the biggest one) could arguably be a loss leader for a telco. The rest are doing their own thing.