There is probably considerable truth in this. The mind boggling thing is that AT&T would proceed with a major new strategic initiative even as the sale of WarnerMedia neared completion — and do so without a full buy in from Discovery and despite recurring reports that Discovery was in fact opposed.
AT&T’s bungling of its WarnerMedia misadventure will live on forever in the annals of business school case studies of sheer, gobsmacking incompetence.
AT&T’s bungling of its WarnerMedia misadventure will live on forever in the annals of business school case studies of sheer, gobsmacking incompetence.
That’s still second place to their simply dropping the $1Billion they spent to “launch” Cingular only to go back to the AT&T brand. Incompetence rewarded.