How did satellite TV go from a $50B business to ‘less than zero’ in 3 short years?

Just four years after AT&T agreed to pay nearly $50 billion for DirecTV, Dish’s economics show that the satellite TV business could be worthless at this point.

Source: Deeper Dive—How did satellite TV go from a $50B business to ‘less than zero’ in 3 short years?

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