AT&T Deal One of the Biggest Takeover Disasters in History

25.10.2016 • Tech

From Kris Sayce – Port Phillip Insider (Australia) –

It’s a sign of desperation. Telephone and cable companies fear that the world is passing them by, and so they want to get into new markets.

AT&T Inc [NYSE:T] wants to go from being the owner of ‘pipes and cables’ to being a content owner — owning HBO and the Warner Bros studio.

However, merely owning content isn’t a guarantee of success. Channels Seven, Nine and Ten in Australia own a lot of content. Have they been outstanding investments?

Furthermore, have they been outstanding businesses?

Not necessarily.

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