Barry Diller Dubs AT&T’s WarnerMedia Sale “The Great Escape,” Flays Telco For String Of Business Flops

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AT&T continues to take a licking heading into the weekend with mogul Barry Diller describing plans to unload WarnerMedia as “a great escape” and calling its three-year dalliance with showbiz th…

, a new park that opened today on the edge of Manhattan’s Meatpacking District. Diller conceived of the project and he and his wife Diane von Furstenberg donated $260 million to build it.Worldwide, had previously announced plans to leave WarnerMedia at year end. But in interviews this week, Discovery CEO Zaslav, who will be running the combined business, praised Zucker and said he plans to invest more in the news network and support a global streaming platform for the brand.

AT&T execs have noted that that the company has reaped benefits from its ownership of WarnerMedia, which launched streaming service HBO Max last year, but felt that the two businesses – telco and media — could grow more successfully on their own.

 

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The Great Escape is how Barry somehow avoided being exposed as a pedophile all these years.

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