AT&T Takes a Page From Comcast in Pivot Beyond Phones

The transcript discusses AT&T's interest in acquiring media companies to create and own content, moving beyond its traditional role as a distributor. It highlights the risks and cultural challenges of this strategy, comparing it to similar moves by Comcast and Verizon. The discussion also touches on the desire of AT&T and Verizon to emulate tech giants like Google and Facebook, despite lacking the same technological foundation.

In what ways do AT&T and Verizon differ in their approach to content acquisition?

What cultural differences might impact AT&T's success in the entertainment industry?