AT&T CEO Randall Stephenson made a $67 billion bet on the media business in his acquisition of satellite tv provider DirecTV. Three years later, Stephenson doubled down on entertainment by paying even more–$80 billion– for Time Warner, in an effort to...
Investment Journal
Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at the New York City News Service and the Craig Newmark Graduate School of Journalism at CUNY. Email your comments to greg.david@journalism.cuny.edu.