If any sign exists that AT&T (T) is an unmanageable conglomerate is that the new streaming service won't start until April 2020. The original purchase of Time Warner was announced in October 2016 questioning what is taking WarnerMedia so long to implement a new D2C streaming service while competition moves forward with aggressive plans and better bundling options.
Image source: AT&T website
Underwhelming Reveal
Heading up to the reveal of the new WarnerMeda video streaming service, AT&T had rallied to new 52-week highs. The stock hit a high above $34 just prior to