OT: Bezos, Who Owns Amazon And WaPo, Might Buy CNN, Report Says
Papi_Chulo
Miami, FL (or the nearest big-booty club)
According to FOX Business, bankers are speculating that the world’s richest man, Jeff Bezos, who owns Amazon.com and the Washington Post, may be interested in purchasing CNN.
Although such a purchase would cost a reported $10 billion, Bezos is worth an estimated $193 billion, so he can afford it. A person close to Bezos denied the rumor, telling The Daily Mail, “There has been zero talk on this.”
CNN is owned by AT&T; “AT&T, which bought Time Warner for $85 billion in 2016, has been saddled with tens of billions of debt, and its shares have fallen by more than 31 percent this year,” The Daily Mail noted. A banker told FOX that AT&T is shying away from “controversial'” content; the banker added, “No one really has qualms about Turner Classic Movies, but CNN is a lightning rod and you know why, particularly with Republicans.”
Rich Greenfield of LightShed Partners speculated that other potential buyers of CNN include CBS News (ViacomCBS) and NBC News (Comcast). He stated, “It’s not shocking to see this corporation want less exposure to the news (division) but I’m a little surprised CNN would be the only asset to be sold given they have a much stronger digital platform than the rest of Turner’s properties.”
Senator Josh Hawley (R-MO) had a blunt response to the rumor that Bezos might purchase CNN: “One word to this: No.”
“In a possible Joe Biden administration, and if Democrats take control of the U.S. Senate, Bezos may have a freer hand to pursue acquisitions like CNN even with growing angst from Democratic progressives over big tech’s dominance of business and culture,” FOX Business opined.
Bezos’ Washington Post, which routinely attacks conservatives and lionizes Democrats, issued an editorial earlier this month from its editorial board in which they defended Twitter and Facebook’s impulse to suppress the Hunter Biden revelations that could hurt the presidential chances of his father.
https://www.dailywire.com/news/bezos-who…
Although such a purchase would cost a reported $10 billion, Bezos is worth an estimated $193 billion, so he can afford it. A person close to Bezos denied the rumor, telling The Daily Mail, “There has been zero talk on this.”
CNN is owned by AT&T; “AT&T, which bought Time Warner for $85 billion in 2016, has been saddled with tens of billions of debt, and its shares have fallen by more than 31 percent this year,” The Daily Mail noted. A banker told FOX that AT&T is shying away from “controversial'” content; the banker added, “No one really has qualms about Turner Classic Movies, but CNN is a lightning rod and you know why, particularly with Republicans.”
Rich Greenfield of LightShed Partners speculated that other potential buyers of CNN include CBS News (ViacomCBS) and NBC News (Comcast). He stated, “It’s not shocking to see this corporation want less exposure to the news (division) but I’m a little surprised CNN would be the only asset to be sold given they have a much stronger digital platform than the rest of Turner’s properties.”
Senator Josh Hawley (R-MO) had a blunt response to the rumor that Bezos might purchase CNN: “One word to this: No.”
“In a possible Joe Biden administration, and if Democrats take control of the U.S. Senate, Bezos may have a freer hand to pursue acquisitions like CNN even with growing angst from Democratic progressives over big tech’s dominance of business and culture,” FOX Business opined.
Bezos’ Washington Post, which routinely attacks conservatives and lionizes Democrats, issued an editorial earlier this month from its editorial board in which they defended Twitter and Facebook’s impulse to suppress the Hunter Biden revelations that could hurt the presidential chances of his father.
https://www.dailywire.com/news/bezos-who…
Got something to say?
Start your own discussion
9 comments
Maybe Bezos will outsource CNN to China, then we won't even need to worry about it. They wouldn't even have to change the acronym.
I thought the senate would be introducing a bill requiring online retailers to list the country of manufacture PROMINENTLY on the product listing. Of course, the house has been more interested in wasting time on witchhunts and false allegations, so Pelosi would have never brought it up for a vote.
Imagine if all mainstream and cable news channels were one big echo chamber-no dissent, no contrary opinions, no questioning the narrative. I could not imagine a worse scenario.