# Professor Jamyn Edis discusses how AT&T's acquisition of HBO will impact the company

1 Faculty News April 28, 2019 ![Financial Times logo](/sites/default/files/styles/246w/public/assets/images/uat_025700.jpg?itok=LSPbU2V1)>

Excerpt from [Financial Times](https://www.ft.com/content/4bce6f52-6740-11e9-a79d-04f350474d62?FTCamp=engage/CAPI/webapp/Channel_Moreover//B2B) -- "Some current and former HBO executives described a 'country club' culture at the network. 'You had lifers who didn’t have any incentive to rock the boat. HBO was a high-margin cash cow business for Time Warner,' says [Mr Edis](https://www.stern.nyu.edu/faculty/bio/jamyn-edis), who is now a professor of new media at NYU’s school of business."

[Read more](https://www.ft.com/content/4bce6f52-6740-11e9-a79d-04f350474d62?FTCamp=engage/CAPI/webapp/Channel_Moreover//B2B)