AT&T reportedly looking to sell CNN after 'hit' from 'hating Trump': Gasparino
I would love to know what Lemony Lemon and Fredo Cuomo think. Maybe not.
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.
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."
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"I'm not a CNN hater. They have a lot of good journalists there,"
Someone has to park the cars.
Fox has definitely hit it's peak defending Trump.
ATT on the other hand has plenty of options. They keep toying with the idea of selling Warner Bros games for 4 billion
or selling the whole WB package .
That's reality.
The seed is just Gaspirino spouting off again as if he were a Murdock or Ailes.
Another nothing burger from Fox Entertainment.
CNN is going further into life support now that Trump is probably going to leave office. Hate Trump was the only thing they had and their viewers, the few that remain, will no longer be interested because there will be no orange man bad to hate on day after day.
ATT is going to take a huge loss of they do sell CNN....or nobody will want to buy it.
They are now the C(Biden)(fake)N Network.
True to form, more childish nonsense, which diminishes your persona and doesn't harm Biden at all.
Wouldn't worry about CNN. AT&T is over priced, over leveraged and under performing with to many taking to much off the top.
Trump hatred? The man is a loon. After January 20, 2021 he's going to need good lawyers---I truly hope they get their money up front though.
Nick Sandmann should buy it.