Bezos is considering purchasing it. That cueball turned WaPo into a Daily Kos – the consolidation of power by the very few must be stopped.
AT&T Reportedly Looking to Sell CNN, Jeff Bezos Potential Sutior
AT&T is reportedly looking at selling CNN to pay its massive debt, but the cable news company may have hit its peak “hating Trump,” Fox Business Network senior correspondent Charlie Gasparino argued Friday.
By: KADN, November 14, 2020:
Story continues below advertisementFox News – AT&T is reportedly looking at selling CNN to pay its massive debt, but the cable news company may have hit its peak “hating Trump,” Fox Business Network senior correspondent Charlie Gasparino argued Friday.
“CNN does not have Donald Trump to kick around anymore and their ratings will take a hit,” he told “Tucker Carlson Tonight,” given the current projected presidential election results.
He reports that AT&T is “financially unstable” with $150 billion in debt.
“They need to cut costs. There’s an active investor out there,” Gasparino said.
Despite the low odds of any deal in the immediate future, a sale of CNN to billionaire Jeff Bezos would make sense from both sides, media investment bankers tell FOX Business.
“I’m not a CNN hater. They have a lot of good journalists there,” Gasparino said.
“This rumor is real,” he said. “AT&T is a screwed up company and … CNN like a lot of media companies, it may have hit its peak, hating Trump.”
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‘Hit its peak in bashing Trump’
So, Orange Man bad brought down a ‘news’ organization. Who wouda thunk it! 😛
Close but they brought themselves down by pandering to moronic libturd sheep!
Your both right.
ROFL!!! Notice how they pin the blame on ATT for a failed Marxist network?
CNN owns their own failure, no one else! Bozos will just keep the failure alive, it’s never been about profit, which it will never make, it’s all about their bigger dividend, of destroying American culture!
Supposedly, Bezos has held off interest. He knows they want to get rid of it and he is waiting for the price to really tank, CNN lost between 100-120 million dollars in advertising revenue last year, and there is no reason to pay big money for it. The real question is, which of the big money people will bezos fire? Cooper/ Lemon? Who?
Nobody will be fired.
BUT … they might all get a guaranteed $15 per hour, no benefits … same as Starbucks ..
I LIKE SOCIALISM … FOR OTHERS. …. FEELS LIKE SCHADENFREUDE..
Newsweek was sold for one freaking dollar. Yes, $1!
And even that is too high. One ruble would be too high for that propaganda rag.
$1.00? Really? There was a point this year that you couldn’t buy a roll of toilet paper for $1.
If it weren’t for news pieces highlighting the stupid things they say, I would never know CNN existed.
Sell off the sinking ship before it ends up on the bottom….
Right now, it’s Bezos against himself. AT&T should start getting rid of the high salaried scum that are on year to year deals.
Exactly they should offer their senior “journalists” half their existing salary or less and if they leave? F’em and hire new ones for a quarter of their salary.
fox news is the next to go down… treason
The difference with FOXNEWS is that by 2021, if the younger son comes back, they will just kill it unless they can sell it to a muslim group or something. That’s what the younger son and the 2 wives want. They don’t want any conservative news on the air at all. The Father is leaving by the end of 2021.
I believe a muslim group already owns part interest. . . .
Then they will take over and every Conservative will be bought out, let go or fired. Hopefully, all the advertisers will leave also.
“Conservatives” who worshipped at the altar of the free market won’t like it when radical woke antichrist billionaires have bought up the whole society (e.g. Bezos, Zuckerberg, Soros). Our WASP forefathers are rolling in their graves at the wholesale subversion of the nation they built by these demonic creatures. Capitalism conserves nothing; it’s as radical as Communism ever was and just as useful to the antichrist globalists.
if only this would get them out of the airports
I would buy cnn, my offer 99 cents and not a penny more
Ah, useful idiots have done their job.
There is a new generation now.
A idiotic leftie criminal mob who´s only justification is “we want it” – finish.
Just criticize us – then you will see how we “freedom loving man” destroy you.
Leftie rule nr. 1
“We are idiotic sc** and we fight for our right to be idiotic sc**.
Nr. 2 “Everyone who dont agree is racist, homophobic, a biggot, xenophpbic, anti planned parenthood, anti-femminist, etc….
Nr.3 “Heil Goebbels”.
If anyone buys CNN, like maybe the CCP or Al Jizyaeera, I hope they slash the salaries of the rotten “journalists” who work there by 50%.
I’ll buy CNN for a dirt cheap price of a buck fifty
But just think of the cost to desmantle it and the cost of hauling all of it to the dump.
AT&T has approximately 150 billion a year in revenue, and 15 billion a year in net income. There is no way in Hell than can ever pay of a 150 billion dollar debt…
CHINA will give them the money. YOU WATCH.
A most excellent post…China invests strategically. They plan 10, 20, 50 , 100 years into the future…Americans invest to make a quick buck…
There are no longer any American producers of mass produced toothpicks, or Christmas ornaments.
That’s why they want to get rid of CNN.
Who would give a dime for that schlocky organization?!
The commenters are all from Mars! Just let it die!
I will tell you I had a matter getting a vanity phone number for my
business operation through ATT. There was a public phone number
available and was constantly told by ATT agents that the number was not
available when I knew that it was. Wrote certified letter to CEO of ATT threatening legal action
and got a response from office of the president. I now own the number
YES-HEM-PCBD and was thrilled until I heard that ATT owned CNN and
dropped them like a bad habit. Since I had a contact with the office of
the Prez of ATT I thanked them for getting me our vanity number but was
dropping ATT because of their ownership of CNN. Obviously I was not
alone and many others must have done the same. Maybe ATT dose not want to
happen to them what happened to the NBA, NFL, and now Fox News. One
wonders, does ATT want to distance and rid themselves of the vermin at
CNN with the voting fraud that is about to be revealed?
WE dropped ATT and went with VOIP. Best thing we ever did besides drop Cable and go OTA and STREAMING. What a relief! Not to mention all the money we saved! Now, all we have is a cellphone without a contract that we pay for minutes anonomously and our home phone is VOIP.
Talk about FREEDOM! We have it where we are!
WE dropped ATT and went with VOIP. Best thing we ever did besides drop Cable and go OTA and STREAMING. What a relief! Not to mention all the money we saved! Now, all we have is a cellphone without a contract that we pay for minutes anonomously and our home phone is VOIP.
Talk about FREEDOM! We have it where we are!
Good, CNN should go down for what they did Trump.
WELL, CNN was not that successful. WE, THE PEOPLE didn’t buy into their lies, so THIS IS JUST ONE REASON WHY THEY ARE GOING DOWN.
Trump should buy CNN and fire them all. That would be hilarious.
TNN, Trump News Network, BUT HE CANNOT BUY IT WHILE HE IS STILL PRESIDENT.
Nice if a conservative bought the network. Then issue massive firings of 99% of the staff. Leaving just camera people, makeup people and anyone who dies the weather.
AT&T needs to pay for their crimes pushing propaganda on America for 5 years. The crimes they have committed include treason. The officers of AT&T should be tried, convicted and executed accordingly.
CNN is on the rise, thanks to Fox screwing the pooch. You would think with them becoming #1 again, AT&T would be happy. Distancing themselves from treason? Shouldn’t work, but we do live in a Banana Republic.
UH, no it is NOT on the rise. NO ONE sells a successful profit-earning company. CNN HAS BEEN HEMORRHAGING MONEY LEFT AND RIGHT.
They lost 100-120 million in advertising revenue this past year
The reason AT&T wants to movie it is not only because of the horrendous ratings, but AT&T has a lot of DEBT they want to get rid of, and that is the thing they think will get them back the most money to pay it off.
GOOD! A Conservative BILLIONAIRE needs to buy CNN so truth will prevail. I will not shed any tears over CNN, the COMMUNIST NEWS NETWORK.
Trump should buy CNN, fire everybody and convert it to a decent network.