News of the big AT&T/Time Warner deal over the weekend inspired some great big deja vu-infused yawns around here. Didn’t we try this one back in 2000? Isn’t it just a replay of Comcast/NBC Universal? Are we really supposed to care?
The mating dances of large media corporations get outsize coverage partly because large media corporations employ most of the people who write about large media corporations. Mostly, these dinosaur recombination deals are all about restructuring debt and quests for elusive “synergies” that prove mythical.Read More