Warner May Have Been Out of Place at AT&T, But It Was Still Profitable
By Frank in Business
Updated 3 years ago
AT&T (NYSE:T) CEO John Stankey didn't say as much, but AT&T's recent decision to sell its WarnerMedia unit to television production outfit Discovery (NASDAQ:DISC.A) (NASDAQ:DISCK) at a loss less than three years after it was acquired speaks volumes. Good riddance, he seems to be subtly suggesting. But before cheering the...