cnn for sale
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Wouldn't it be funny if Mr. Trump bought it?
https://www.foxnews.com/media/cnn-att-trump-ratings-buy-debt-charlie-gasparino
AT&T reportedly looking to sell CNN after 'hit' from 'hating Trump': Gasparino
AT&T is reportedly $150 billion in debt
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." -
If CNN is going down the tubes, what about MSDNC?
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This has been a long time in the works. ATT has no interest in a rhetorical spewing machine but wanted the profits from an election year. I wonder if Zucker can be an effective salesman as he fantasizes a political career. I’m sure mayor of NYC would be his wet dream.
Very interesting how all media is now scrambling for their next act now.
I also wonder how much Trump will resemble “Succession”. Must see HBO TV.
