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AT&T Fumbles: the Tyranny of Big Telecom

In February 2022, AT&T completed the spinoff of its holdings in WarnerMedia to Discovery, a $43 billion transaction creating Warner Bros. Discovery, Inc.  In 2016, AT&T announced its intention to acquire Time Warner and the deal was completed i…

In February 2022, AT&T completed the spinoff of its holdings in WarnerMedia to Discovery, a $43 billion transaction creating Warner Bros. Discovery, Inc.  In 2016, AT&T announced its intention to acquire Time Warner and the deal was completed in 2018.  AT&T promoted the spinoff as a way to ensure that WarnerMedia would be in a More

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This content originally appeared on CounterPunch.org and was authored by David Rosen.


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