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AT&T Reportedly Looking To Sell CNN After 'hit' From 'hating Trump - Business - Nairaland

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AT&T Reportedly Looking To Sell CNN After 'hit' From 'hating Trump by KEVIND: 7:43am On Nov 15, 2020
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.

IS JEFF BEZOS INTERESTED IN BUYING CNN?

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."

https://www.foxbusiness.com/media/is-jeff-bezos-interested-in-buying-cnn

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Re: AT&T Reportedly Looking To Sell CNN After 'hit' From 'hating Trump by WorkTheTalk(m): 7:48am On Nov 15, 2020
This is a lesson to other institutions: Don't build your credibility or relivance around politicians. Politicians will always come and go.

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Re: AT&T Reportedly Looking To Sell CNN After 'hit' From 'hating Trump by Lawgod247: 7:49am On Nov 15, 2020
Ok
Re: AT&T Reportedly Looking To Sell CNN After 'hit' From 'hating Trump by Eddie4God(m): 7:49am On Nov 15, 2020
I think if Jeff Bezos buys CNN he will be too powerful
However, the source is from Fox New,so i don't believe this until it is confirmed by other media.

3 Likes

Re: AT&T Reportedly Looking To Sell CNN After 'hit' From 'hating Trump by Nigeriabiafra80: 7:50am On Nov 15, 2020
More like channel
Re: AT&T Reportedly Looking To Sell CNN After 'hit' From 'hating Trump by olaric(m): 8:11am On Nov 15, 2020
Was CNN not making money through other news content before Trump came into power? Stop this childish thrash. There will always be something to report out there.

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Re: AT&T Reportedly Looking To Sell CNN After 'hit' From 'hating Trump by princemillla(m): 8:35am On Nov 15, 2020
Someone should tag dangote he may be interested
Re: AT&T Reportedly Looking To Sell CNN After 'hit' From 'hating Trump by Biafrannuke: 9:14am On Nov 15, 2020
grin grin grin grin cheesy grin grin
Re: AT&T Reportedly Looking To Sell CNN After 'hit' From 'hating Trump by Nobody: 9:17am On Nov 15, 2020
CNN made lot of money for spreading fake news about trump
Re: AT&T Reportedly Looking To Sell CNN After 'hit' From 'hating Trump by ecolime(m): 9:21am On Nov 15, 2020
olaric:
Was CNN not making money through other news content before Trump came into power? Stop this childish thrash. There will always be something to report out there.
Can you compare Channels TV of GEJ era to that of Buhari's time? Their ratings have tanked seriously.

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Re: AT&T Reportedly Looking To Sell CNN After 'hit' From 'hating Trump by ecolime(m): 9:26am On Nov 15, 2020
WorkTheTalk:
This is a lesson to other institutions: Don't build your credibility or relivance around politicians. Politicians will always come and go.
CNN made Trump their object of discussion and reports for 4 years. With the exit of Trump in 2021, they will become another NTA. They won't have the balls to report negative news about Biden. News outlets should always be neutral.

Never make Politicians/Parties your focus. They are not worth it. AIT is dead today. Channels is dying and TVC will be gone with Tinubu. Arise TV is on an upward trend daily and I hope they don't derail.

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Re: AT&T Reportedly Looking To Sell CNN After 'hit' From 'hating Trump by Liposure: 9:55am On Nov 15, 2020
CNN always biased Aljazeera is better.

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Re: AT&T Reportedly Looking To Sell CNN After 'hit' From 'hating Trump by Heffalump(m): 10:56am On Nov 15, 2020
DavidAbayomi:
CNN is terrible and should be sanctioned

CNN can be dirty and messy in the political space
Re: AT&T Reportedly Looking To Sell CNN After 'hit' From 'hating Trump by RomanianNinja: 11:02am On Nov 15, 2020
One day, I'll own one of the biggest media house in the world... By God's grace and mercy, Amen
Re: AT&T Reportedly Looking To Sell CNN After 'hit' From 'hating Trump by Golan007: 11:59am On Nov 15, 2020
Trump supporters have already ditched Fox.

grin

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