Debt Is The Obstacle to AT&T (HBO Max) Buying Lionsgate (Starz)
A counter to my business rationale for the acquisition: Lionsgate may be too expensive for AT&T to acquire
On Tuesday I argued that Starz CEO Jeffrey Hirsch was selling a future for bundling Starz in the OTT streaming marketplace because:
Given how much tier two and tier three services rely on channels services (60% to 75% of subscribers!), it is hard to believe that bundling will become much of a presence. So, the real revelation here is all evidence points …
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