: I shuddered when I read in the NY Post that Disney is reaching out to
AOL Time Warner as a white knight.
Oh, yeah, that makes perfect sense: Let’s take one badly managed giant and merge it with another badly managed giant and then we end up with an even bigger badly managed giant. You could call it AOL-Time-Warner-Disney-ABC. Or you could just call it Graveyard, Inc. Where shareholders’ money goes to die. (Can you tell that I own both stocks?)
And while we’re at it, why don’t we throw in other companies that don’t know what to do with themselves in this digital age: a few record companies, maybe a book publisher, plus Blockbuster, and maybe even a portal (since they’re already outmoded).
Who cares about consolidation? Let them consolidate themselves silly!