By David Rosen
Well, the telecom media rollercoaster is once again rolling. On May
17th, AT&T announced that it was spinning off its WarnerMedia subsidiary that includes HBO and Warner Bros. for $5 billion and merging it with Discovery. This followed the May 3rd announcement that Verizon was selling off its media holdings, AOL and Yahoo, for $43 billion. Nevertheless, Comcast still owns NBC-Universal. What's going on?
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