Submitted by ix0WXOeip4V6 t3_yzg401 in television
jl_theprofessor t1_ix0wrk8 wrote
Reply to comment by Bloq in How Did AT&T's $100 Billion Time Warner Deal Go So Wrong? by ix0WXOeip4V6
Yes but in this case Disney had multiple other revenue channels to subsidize their undercutting of competing streaming apps. ATT was losing cable subscribers and simultaneously cut off revenue channels on streaming. And HBO as a brand never had the widespread appeal that Disney did.
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