Posted on 11/14/2020 7:54:14 PM PST by Enlightened1
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.
CNN'S JEFFREY TOOBIN FIRED BY NEW YORKER MAGAZINE FOLLOWING ZOOM CALL MASTURBATION INCIDENT
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."
(Excerpt) Read more at foxnews.com ...
Anyone got change for a quarter?
Crash and burn
AT&T is also looking to dump DirecTV, another monumental loser.
CNN was better than Fox on election night
That's setting a low bar, don'cha think?
Good move for Jeff Bezos to buy CNN. Buying influence in media will help him to fend off antitrust challenges to Amazon.
AT&T is in desperate straits. They have massive debts and are riddled with properties that earn tons of ‘woke’ credit but make zero money. DC Comics (Superman, Batman, Wonder Woman) just had their second massive layoff because surprisingly their increasing wokeness has translated into decreasing sales. CNN is the same. Apparantly it’s finally bad enough that executives in the parent company are starting to think they have to stop patting themselves on the back about supporting wokeness and actually make SOME money before the company quite literally has to declare bankruptcy.
“They have a lot of good journalists there.” - Gasbag
Gasbag is full of crap. There are no good journalists at CNN, the leader in Fake News.
They are complicit with every effort to gaslight, overturn and back the coup efforts against President Trump and the American people.
They were in on it every step of the way up to the present with the attempted election theft.
Someone pop a pin in Gasbag and let the hot air out.
A bag of dirty jock straps is the best offer they should get...
No matter what transpires, they’ll continue to kick President Trump around.
I think AT&T is doing OK, paying down their debt.
But, I can’t see, and never did see, what good CNN did for them in the Time-Warner acquisition.
Get rid of it... and if AT&T can significantly monetize it, even better!
THE OFF BUTTON: STOP LIVING ON THEIR TERMS!:
Posted by Jesse James | Nov 10, 2020 | Culture, Jesse James | 7 |
Stop willingly bringing left wing mediots into your life and thoughts. Their entire existence is defined in opposition and hatred to everything you hold dear.
We have the ability to degrade the legitimacy of the current system, and thus the only power these people have. Things change when people stop listening to them, and that happens only when people are convinced they are no longer obligated to obey.
Cut your cable and no more Faux, ABCNNBCBS
https://www.americanpartisan.org/2020/11/the-off-button-stop-living-on-their-terms/
Hating Trump is proof of hating America very bad for business CNN teaches lesson on how to lose friends and job in one fell swoop.
Many more fake media will take the hit drip drip drip.
No pity for you chumps.
““They have a lot of good journalists there.†- Gasbag”
They used to say that about the New York Times.
President Trump should buy it.
I have owned ATT stock for a long long time. I have purchased more over the years only because it pays a 7% dividend. I hate that they own CNN. Selling it would unlock a lot of growth for ATT and rid itself of the cancer that is CNN.
So that I own it but I like the return.
AT&T should pretend to be trying to sell CNN to Trumpian interests. Then they will be able to name their own price in a sale to some lefty billionaire desperate to prevent a sale to a Trumpist.
Yeah gotta love the dividends!
First thing you should do to fire everyone and start over. You report, we’ll decide.
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