They evaporated in the span of three years. One of those was an extremely weird year, to be sure, but three years. “AT&T found itself stretched financially as it simultaneously tried to build a nationwide 5G telephone network while ramping up spending for its year-old streaming service, HBO Max. The proposed deal with Discovery comes just three months after AT&T spun off another troubled asset, El Segundo-based DirecTV.” (But, says the LA Times, the deal will “reshape Hollywood,” again.) – Los Angeles Times
