Bulletin: Will HBO Be Capitalism’s Next Victim?
HBO’s new owner sees tremendous profit opportunities in the network. That’s bad news for anyone who likes good TV.

CEO of AT&T Entertainment Group John Stankey speaks in New York City, November 28, 2016. Dave Kotinsky / Getty Images
Bulletin is a chronicle of socialist comment and analysis from Jacobin’s Seth Ackerman.
Things Capitalism Fucks up — Today’s Installment: TV
This week, the New York Times had a juicy media story about HBO, which, thanks to a recent merger, is now a division of the faceless corporate borg known as AT&T. Times media reporters Edmund Lee and John Koblin got their hands on a leaked recording of a company “town hall meeting,” which featured a clenched, faux-friendly chat between longtime HBO chief Richard Plepler and AT&T executive John Stankey, Plepler’s new boss and frenemy.
The Times played the story as a personality conflict: Plepler, tan and dapper, is a doyen of Manhattan’s cultural elite. Stankey is a pasty Republican telecom exec who lives in Dallas. It’s basically Kabletown vs. 30 Rock, only nastier.