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   comp.dcom.telecom      Telecommunications digest. (Moderated)      17,262 messages   

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   Message 16,822 of 17,262   
   Bill Horne to All   
   Was This $100 Billion Deal the Worst Mer   
   31 Dec 22 10:52:59   
   
   From: malQRMassimilation@gmail.com   
      
   At Time Warner, executives saw AT&T as just a “big phone company from   
   Texas.” At AT&T, they thought Hollywood would play by their rules. That   
   combination led to strategic miscalculation unrivaled in recent   
   corporate history.   
      
   By James B. Stewart   
      
   James B. Stewart, a columnist at The New York Times, interviewed more   
   than two dozen people involved in the AT&T-Time Warner merger and its   
   aftermath, including both former chief executives.   
      
   Soon after a sweeping courtroom victory in 2018 cleared the way for   
   AT&T’s $100 billion takeover of Time Warner, John Stankey, AT&T’s chief   
   operating officer and the newly anointed chief executive of Warner   
   Media, summoned his top Warner Media executives to a meeting at the Time   
   Warner Center off Columbus Circle.   
      
   They included Kevin Tsujihara, the head of the Warner Bros. movie   
   studio; Richard Plepler, the head of HBO; and Jeff Zucker, CNN’s chief   
   executive. Mr. Stankey handed them a typed document titled “Operating   
   Cadence and Style,” and sat there while they read it. The memo was two   
   pages, single-spaced, and the silence stretched for what seemed an   
   excruciating length.   
      
   https://www.nytimes.com/2022/11/19/business/media/att-time-warner-deal.html   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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