Why AT&T and WarnerMedia split

AT&T bought WarnerMedia three years ago for more than $100 billion, so it could chase after Netflix. Now it’s getting out of streaming, and every other part of the media business. What happened? And what happens next? New York Times media reporter Edmund Lee joins Peter Kafka, host of the Recode Media podcast, to discuss. This is just a preview of a longer and deeper conversation. Hear the rest on the Recode Media podcast: https://bit.ly/3bBlXkr Enjoyed this episode? Rate Recode Daily ⭐⭐⭐⭐⭐ and leave a review on Apple Podcasts. Read Peter's story for Recode on the AT&T and Warner Media split: https://bit.ly/3wiYSLp What do you want to learn about on Recode Daily? Send your requests, questions or anything, really, to recodedaily@recode.net. We read every email!  Subscribe for free. Be the first to hear the next episode of Recode Daily by subscribing in your favorite podcast app. Support Recode Daily by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices