Comments

You have commented 358 times on Rantburg.

Your Name

Your e-mail (optional)

Website (optional)

	My Original Nic Pic-a-Nic Sorry. Comments have been closed on this article.
Foto

Submit your comments on this article

-Great Cultural Revolution

AT&T Loses $10 Billion in Value After Deplatforming Newsmax from Direct TV – Users Asked to Cancel Direct TV

2023-02-14

[GatewayPundit] AT&T removed Newsmax from its Direct TV platform this year. TGP reported that at the same time that the media conglomerate de-platformed Newsmax, the same group was paying the cable license fee for 22 liberal organizations.

Since DirecTV dropped Newsmax on Jan. 24, AT&T’s stock has fallen by almost 7%, wiping nearly $10 billion from its market value.

The S&P 500 actually rose 0.37% between Jan. 25 and Feb. 10, while the Dow Jones Industrial Average declined just 1.84% between those dates.

Newsmax has been alerting its supporters about AT&T’s decision through its network, the fourth highest-rated cable news channel, reaching 25 million Americans, according to Nielsen.
Laughing so hard...
Senators Rand Paul and Ted Cruz and other leaders — including former Arkansas GOP Gov. Mike Huckabee; Sen. Ron Johnson, R-Wis.; Sen. Markwayne Mullin, R-Okla.; Dennis Prager — have encouraged Americans to switch their service providers.

Posted by:Woodrow

#2 ATT was horribly overvalued to begin with.
(But ya gotta put your money in tech, cause it's cool!)

Posted by: ed in texas 2023-02-14 18:03

#1 Get rid of DirecTV, as I did years ago.

Put up an old 1950s-style antenna and never pay a dime again for TV.

Posted by: Tom 2023-02-14 10:39

00:00