Wow. You do understand the difference between operating profit and purchase price.
AT&T overpaid for DirecTV. But DirecTV continues to make money. The overpayment is a matter for the stock market to sort out. No money was "lost".
Ok, since AT&T bought them, show me where they have made back the $52 Billion dollars difference between then and today, net income, profit.
They still paid in real money $67 Billion dollars (including debt), so if they made 8 billion in profit the last 9 years, they are short $58 Billion.
Then if the value of company is only $15 billion as they list it in the TPG deal, $15+ 8 they made, $23 Billion, so a loss of $44 Billion, real money.
You show em.
I'm too busy enjoying life.
As am I.
I can do whatever I what, buy whatever , watch whatever i want, spend time with my dogs, go to the gym, going to Disney Hollywood in 2 weeks with my daughter to check out Galaxy Edge, play Video Games on my PS5 and XBOX X, read Omnibus', etc, etc.
Being retired for 4 years now, only 56 this year, all I had to do was save money and invest
Which is why I am on this TELEVISION ENTHUAST website talking about television.
And I have a Television, so I am here, have a 85" Sony Z9K, also have a Optoma Laser Projector with a 165" Screen in my outside theater.
We can talk about Sound Systems next if you wish.
Not coupons, reusing oil filters, riding the bus, or how I really don't miss the TV shows I won't buy.
I have no idea why you are against saving money, by being careful we have bought 3 houses and sold 2, put 2 kids thru college, put myself thru college ( with some help from the Army), never bought a used car, but at the same time, never overspent on a new car ( until now, have a Mach E and buying a Tesla next week).
And put enough away into our investment account over 30 years that I never will have to worry.
And again, I grew up extremely poor, I appreciate money and know how to treat it properly.by not wasting it.
Because I have everything. Life is too short.
Of course you do.
The experts say that ESPN should cost upwards of $50.
Again, that price was if it became a Netflix service only, not if it is on both Traditional Providers and streaming.
Live TV Providers are down another, at least, 6 million subscribers, that is another $54 million, or $648 million on top of all the other losses they already have in per sub fees.
If you a want better example, if Live TV still had 100 million subs, instead of 68 million, that is a total of $3.456 Billion yearly they are now losing out on.
With linear TV, the cost of any one particular channel, or genre, is spread out among millions and millions of customers. Everyone pays a little, and a vast plethora of content is produced. With streaming, the costs are spread out across far less people.
Why do you want to keep spending everyone's money and make them pay for content they do not want or never watch?
And that little adds up, when the average Cable/Sat bill is well over $100, most of the content is reruns and stuck most do not watch, glad there are alternatives.
You only pay $65 because you share your DirecTV account with your landlord, yet you want everyone else to cover the expense.
That is pretty hypocritical.
And cable and DBS remain awash in profit.
Based on how much AT&T paid for DirecTV, they are still in the red.
And look at Comcast 4th Quarter report, right in future guidance, they said profits will continue to erode due to the losses in Video Subscribers.
Again, it will take some time, some will make profit quicker, some might take a little while, some will not make it.
But no matter how you spin it, Paid Traditional Live TV has been losing subs the last 9 years and the number of losses increases every year, 2022, at least 6 million gone, that is up, 4.5 million losses in 2021.