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To: Eric in the Ozarks
The network sold for $500 million.

$500,000,000?!

There is no way that a cable network with sub 0.1 viewers is worth that much.

Looks like another shush fund transaction. I guess that it is the Al Jazeera version of a Benjamin handshake.

29 posted on 01/02/2013 8:05:06 PM PST by texas booster (Join FreeRepublic's Folding@Home team (Team # 36120) Cure Alzheimer's!)
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To: All

This sounds like Hillary’s cattle deal.


30 posted on 01/02/2013 8:08:25 PM PST by newnhdad (Our new motto: USA, it was fun while it lasted.)
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To: Las Vegas Dave
Any idea how we can find out the estimated net worth of a cable TV network, or get comparables?
35 posted on 01/03/2013 5:58:14 AM PST by texas booster (Join FreeRepublic's Folding@Home team (Team # 36120) Cure Alzheimer's!)
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