This Company Is Toast, and Investors Are Doomed
24/7 Wall St.Bad Businesses In Bad Industries Lose Money Doug McIntyre and Lee Jackson discuss their pessimism about Warner Brothers Discovery (NASDAQ: WBD), highlighting the company’s struggles due to its old media assets and the fierce competition in the streaming industry. They point out AT&T’s (NYSE: T) inability to manage these assets effectively and criticize the merger […]
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