What Will Become Of The Movies?

There are only five studios left. Disney, Paramount, Sony, Universal, Warner Bros.

Paramount is as shaky as Don Knotts. Sony is stable, but lacks a clear vision for the future. And now the tie-breaker between the high (Disney and Universal) and the low, Warner Bros is taking itself out of the movie business.

Netflix has a bigger market cap than AT&T... not WarnerMedia... ALL of AT&T. You see, AT&T generates $160 billion a year in revenue... Netflix generates $24 billion. But Netflix is worth more than AT&T.... according to Wall Street.

In 2013, Ted Sarandos said, ""The goal is to become HBO faster than HBO can become us." Now, the TV-born leaders of Warner Media want to be Netflix.

Never mind than HBO alone has been more profitable than Netflix historically. Never mind that Netflix has been valued as a tech stock from the start and AT&T will never be. Never mind that HBO Max is still stumbling out of the gates and hasn't shown an ability to convert even their own HBO-subbing customers to …