Posted on 08/04/2017 7:05:56 PM PDT by Helicondelta
CNN and celebrity gossip site TMZ could potentially be sold off after AT&T merges with Time Warner, a report claims.
The $85 billion deal, which was announced in October, will give AT&T control of Time Warner properties including CNN, HBO and TMZ, as well as the film studio Warner Bros and other coveted media assets.
Sources told Deadline that AT&T executives are considering getting rid of some of Time Warner's assets, including the cable news network and the celebrity gossip site.
'They don't want any controversy,' one source said of AT&T.
AT&T reportedly expects the deal to be approved and closed by the Justice Department by the end of the year.
(Excerpt) Read more at dailymail.co.uk ...
I hope someone with money buys CNN and hires Bill Shine, Bill O Reilly, Charles and anyone else Fox is trying to get rid of. FOX could use the competition
I hope someone with money buys CNN and hires Bill Shine, Bill O Reilly, Charles and anyone else Fox is trying to get rid of. FOX could use the competition
Yes, and rename it the Conservative News Network
Or El Jazz...
If they decide to divest it will go to auction thru an investment bank, probably Goldman Sachs, and that sets the stage for buyers to overpay. And the acquiring company is going to be looking for “synergies” i.e ways to cut costs, like layoffs.
Is there a market for a fake news network?
You should see the gnashing of teeth at the gym when I switch CNN to Fox with my stealth TV controller.
Be funny if Bill O’Reilly bought it!
Newsweak was sold for $1. I’m sure CNN could fetch upwards of $100.
Sell CNN to RT.
Should AT&T not dump CNN, dump AT&T.
I’ll chip in $50, if I get to tap-dance on their faces.
Here is a quarter for it and I expect to get some change back.
Son, I think $10 is a bit to much. I like your idea, ‘The ConservaTeen Factor’.
Fire everyone but offer Fareed a job covering pork related stories.
Soros makes calls
For CNN to be sold, there must be a buyer.
Since CNN is defective merchandise, ATT should insist that CNN be severed from the package prior to the sale and the value of the deal be reduced substantially
Which billionaire looking for CIA or other government contracts to save his business will buy CNN for purposes of deep state disinformation? Maybe the CIA will buy it directly.
Not conservative but Bill OReilly might be looking to put together a deal.
He’s a good bit more conservative than the people at CNN. He would move that network to the right.
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