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

The post AT&T Fumbles: the Tyranny of Big Telecom appeared first on CounterPunch.org.

This post was originally published on CounterPunch.org.