AT&T Sets Plan to Spin Off WarnerMedia in $43 Billion Deal

[rapsuperstar31]

BasilZero said:

I wonder if HBO Max and Discovery+ will be merged or be part of a bundle like Disney + is.

NobleTeam360 said:

Sold my AT&T shares awhile ago. I have zero faith or interest in the future growth in that company.

Whaaaat - you actually had AT&T shares? lol

Before the spinoff it paid a fantastic 8% dividend.  It was never going to grow much, but for a small part of your portfolio for guaranteed income or for older investors that wanted dividend returns it was a pretty solid stock.  A younger investor looking for high growth shouldn't have been looking at it.