Buy for $80B and a few years later discount it to $40B. Cable King Michael Armstrong did the same thing out of desperation.
5 replies (most recent on top)
Tmobile. DirectTv, Time Warner, the trifecta deals from hell, They will remain in some form but most of you will be gone. just be patient! LOL
Yeah I remember Uncle Mike. Another mo--n that was in charge of this company...
Considering the Cartoon Network has more viewers than CNN, it makes you wonder. Then again, RS is a genius.
Just seems to be on a roll to buy stuff, DTV was the first spendthrift thing, now Warner Media, with an added bonus (not) of fake new CNN. Ask yourselves why was it so important to buy CNN?
Don't discount the power of depreciation of assets.