IBM didn’t purchaase the cable channel, that went to another company called Entertainment Studios, owned by Allen Media Group LLC.
IBM’s press releases about their purchase of The Weather Company made it pretty clear that they did not purchase the cable channel.
The article posted that started this thread clearly states the purchased the weather channel in 2016 for 2 billion and the current value is 1 billion, basically 1 billion down the drain in a business they knew nothing about.
Quote from the article:
IBM paid $2 billion for the company in 2016 and has reportedly been exploring a sale since at least April, as it seeks to streamline its business. The company said its weather unit serves an average of 415 million people monthly, and reports in April estimated the coming deal to be valued at more than $1 billion.
Link to entire article.