CNN Reportedly For Sale After Hitting Peak From Hating Trump According to Fox Business
CNN has seen their ratings go up and up during Trump’s presidency and now they face a big problem – they may not have Trump to kick around anymore.
The networks have made small fortunes trashing Trump and portraying him a monster and while they should be ashamed d of themselves, that it didn’t work must humiliate them.
Trump got more votes than last time and improved in every minority demographic – he got more minority support across the board despite what the media tried to do to him.
So according to Fox Business Network senior correspondent Charlie Gasparino, ATT&T is looking to unload CNN before it is too late.
From Fox News:
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.”
CNN for sale. Maybe China will buy it just to keep it afloat. After all, it serves their purposes. https://t.co/hy9covu2wi
— Mark R. Levin (@marklevinshow) November 15, 2020