What Did You Buy Today?

[crimsonghost747]

(03-16-2021, 02:51 PM)EricL Wrote: AT&T investor day presentation and transcript from March 12.

Expects HBO max to break even with $15B in revenue in 2025.

Those numbers wouldn't be too far off from where Netflix was in 2018. 
For reference, Netflix had a market cap in the $110B to $150B range during that time. 

Of course with these companies it has been a lot more about subscriber growth than any of the other metrics, and I really do think that HBO will do well in that department. I know I am absolutely tired of scrolling through Netflix simply because to find one good thing to watch I need to scroll through tens if not hundreds of series and try out at least 5 before I find a decent one. There is a point where quality always beats quantity.

But indeed the main thing here is seeing how T plans to screw this one up.
HBO has done well for the past 50 years of so, it would take a special kind of genius to screw it up. T's last CEO was certainly one of those, let's hope the new one isn't.

I'm still neutral on T. I own quite a bit but I don't expect great things happening anytime soon, I'm just enjoying the dividend.