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 …