[DoughtyOne]

When I think of CNN in see a flailing swimmer with three fingers showing above the water momentarily as the sink beneath the waves. So long...

[ARealMothersSonForever]

FRANKFURT (Reuters) - RTL Group is buying out CNN's 50-percent share in German news channel n-tv, taking its stake to 100 percent, it said on Thursday. It declined to name a price for the transaction, which is subject to approval from cartel and media regulators. "N-tv is an important member of our family of complementary broadcasters," RTL said in a statement. "The planned step will give n-tv the necessary room for maneuver for the strategic challenges of the future." RTL, Europe's biggest TV broadcaster, has 32 television channels and 31 radio stations in 11 countries. They include M6 in France and Five in Britain. CNN, a division of global media conglomerate Time Warner Inc., became a shareholder in n-tv in 1993, a year after n-tv was launched. RTL and CNN have been 50-percent shareholders in n-tv since 2002. RTL says n-tv attracts more than 5 million viewers per day, around 6 percent of Germany's population. It has less than 1 percent of the German TV advertising market.

Selling off profitable foreign investments trying to keep afloat. Coupled with the old adage of "there is no such thing as bad press". The implications of this whole incident was poorly calculated.

[Grampa Dave]

"When I think of CNN in see a flailing swimmer with three fingers showing above the water momentarily as the sink beneath the waves. So long..."

With CNN, one extended middle finger is probably a more accurate description.

[Xenalyte]

Your post put me in the mind of that scene from the end of Deliverance, where the hand rises from the water . . . and I have chills now!

(But you gotta admit, Burt was way hot back then.)