the other mike
Diamond Member
It looks that way.
His credibility rejuvenated by a series of timely scoops about the TikTok deal talks which eventually went nowhere, Fox Business Senior Business Correspondent Charles Gasparino has just broken what, if accurate, would be one hell of a media industry scoop.
Gasparino reports that Amazon founder and CEO Jeff Bezos, the proprietor of the Washington Post since he bought what was then a struggling national paper with shrinking appeal beyond the Beltway, is in talks to also buy CNN from AT&T as the telecoms giant looks to shed assets to pay down some of the massive debt accrued from building out 5G networks nationwide.
www.zerohedge.com
Amazon head and Washinton Post owner Jeff Bezos is contemplating a purchase of CNN, Fox Business Network reported on Tuesday.
CNN is currently owned by WarnerMedia, previously known as Time Warner. The company was purchased by AT&T in 2019.
Earlier, it was reported that WarnerMedia is looking to reduce its workforce by "thousands" in an attempt to cut costs amid the coronavirus pandemic. The company also said it would be restructuring after being bought by AT&T.
www.teletrader.com
His credibility rejuvenated by a series of timely scoops about the TikTok deal talks which eventually went nowhere, Fox Business Senior Business Correspondent Charles Gasparino has just broken what, if accurate, would be one hell of a media industry scoop.
Gasparino reports that Amazon founder and CEO Jeff Bezos, the proprietor of the Washington Post since he bought what was then a struggling national paper with shrinking appeal beyond the Beltway, is in talks to also buy CNN from AT&T as the telecoms giant looks to shed assets to pay down some of the massive debt accrued from building out 5G networks nationwide.
Zerohedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
Amazon head and Washinton Post owner Jeff Bezos is contemplating a purchase of CNN, Fox Business Network reported on Tuesday.
CNN is currently owned by WarnerMedia, previously known as Time Warner. The company was purchased by AT&T in 2019.
Earlier, it was reported that WarnerMedia is looking to reduce its workforce by "thousands" in an attempt to cut costs amid the coronavirus pandemic. The company also said it would be restructuring after being bought by AT&T.
Report: Amazon's Bezos wants to buy CNN
Amazon head and Washinton Post owner Jeff Bezos is contemplating a purchase of CNN, Fox Business Network reported on Tuesday. CNN is currently owned by WarnerMedia, previously known as Time Warner. Th...
www.teletrader.com
