For a while there, you might remember how giant telecom monopolies, running out of new subscribers, all decided to get into the media business. But because terrible telecom monopoly executives can’t innovate and generally don’t know how competition works, it never really goes that well. The various Yahoo/Tumblr/Verizon/AOL exploits were a legendary mess, only outshined by AT&T’s disastrous mergers with DirecTV and Warner Brothers.