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Gasparino: Bezos considering buying CNN

Posted on 10/27/20 at 4:04 pm
Posted by Lsuhoohoo
Member since Sep 2007
94565 posts
Posted on 10/27/20 at 4:04 pm
quote:

@CGasparino

BREAKING: Is Amazon chief and Washington Post owner Jeff Bezos looking to create a media empire? Investment bankers talking up the possibility of Bezos buying CNN as AT&T looks to shed assets amid massive debt load following TimeWarner deal.


Posted by GumboPot
Member since Mar 2009
118862 posts
Posted on 10/27/20 at 4:05 pm to
So CNN won't change.
Posted by Lsuhoohoo
Member since Sep 2007
94565 posts
Posted on 10/27/20 at 4:06 pm to
Would probably get worse if that's possible by being a mouth piece for WaPo nonsense.
Posted by JawjaTigah
Bizarro World
Member since Sep 2003
22503 posts
Posted on 10/27/20 at 4:08 pm to
Are there any anti trust protections left? Will anybody try to enforce existing laws?
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
68319 posts
Posted on 10/27/20 at 4:11 pm to
quote:

Would probably get worse if that's possible


I really don't think it could be my worse.
quote:

mouth piece for WaPo nonsense.




it already does this
Posted by AUFANATL
Member since Dec 2007
3903 posts
Posted on 10/27/20 at 4:11 pm to

It used to be people got rich by building or owning a newspaper or TV station.

Now that the internet has made these financial losers, they are seeking out mega-rich buyers to bail them out in exchange for free propaganda and the loudest lobbying megaphone there is.

Sad! I wish some conservative billionaire would step up and buy some of these outlets.

Rush will soon be dead. Drudge sold out. Fox is turning left/ Every major network and newspaper has completely tossed out any notion of objectivity and turned into a complete propaganda machine for the Democrat Party, even at the expense of covering "regular" news.

It's going to be very difficult to win new minds and votes in that atmosphere. We need a counterpunch.
Posted by Rex Feral
Athens
Member since Jan 2014
11367 posts
Posted on 10/27/20 at 4:17 pm to
Changing its name to WPNN?
Posted by sumtimeitbeslikedat
Vidalia, La
Member since Nov 2013
4426 posts
Posted on 10/27/20 at 4:18 pm to
Winners are: OAN and Newsmax
Posted by Figgy
CenCal
Member since May 2020
7214 posts
Posted on 10/27/20 at 4:18 pm to
Why? Other than vanity? It’s not as if they’re on different teams. They use the same sources.
Posted by Angry Bruce Pearl
Florida
Member since Jul 2020
599 posts
Posted on 10/27/20 at 4:19 pm to
Is it a media empire if nobody watches your channel?
Posted by LSU Patrick
Member since Jan 2009
73516 posts
Posted on 10/27/20 at 4:19 pm to
quote:

Would probably get worse


I'm not so sure. Bezos seems to like making money.
Posted by Tchefuncte Tiger
Bat'n Rudge
Member since Oct 2004
57261 posts
Posted on 10/27/20 at 4:20 pm to
Is that legal?
Posted by SlapahoeTribe
Tiger Nation
Member since Jul 2012
12105 posts
Posted on 10/27/20 at 4:24 pm to
I’m not so sure the SEC should approve of the largest stockholder in the world buying a global TV “news” brand.

Posted by LSUBanker
Gonzales, La
Member since Sep 2003
2552 posts
Posted on 10/27/20 at 4:27 pm to
Wasn't there a James Bond movie plot similar to this situation?
Posted by bopper50
Sugarland Texas
Member since Mar 2009
9150 posts
Posted on 10/27/20 at 4:31 pm to
Hell with Fox, love NewsMax.

Lindsey Keith on Spicer & Co. is brilliant and easy on the eyes.
Posted by BobABooey
Parts Unknown
Member since Oct 2004
14294 posts
Posted on 10/27/20 at 4:31 pm to
quote:

Why? Other than vanity? It’s not as if they’re on different teams.

CNN is used to help Warner Media be more successful in China.

Bezos can use it. No doubt.
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