Possible CNN Merger With CBS in the Future

CNN will never divulge their ratings problems on the air, but something is afoot in the land of falling viewership. AT&T officials are reportedly looking at selling off some of Time Warner’s key assets once they acquire the company. Number one on the priority list may be CNN, along with celebrity news website TMZ, according to Deadline Hollywood.

AT&T brass is hoping for the all-clear signal to sell once the Justice Department approves the $85 billion acquisition of the company. It could be as soon as year’s end.

It appears the communications giant doesn’t see a future with the cable news network. However, rumor has it that CBS is interested in taking over the operation, according to the website. It appears CBS CEO Leslie Moonves has long been interested in CNN.

At least that is what Moonves thought when he was interviewed by Adweek last month. He said, “CNN is a very worthy news organization. It’s something that could enhance CBS. But I don’t think that’s on the table right now. If it came up later on, it would be something we would look at.”

Words like that are usually construed by Wall Street as a bargaining position. It is not the first time Moonves has entertained the CNN acquisition idea. As far back as 2014, Moonves addressed the possibility, according to USA Today.

It is no secret that television’s first 24/7 news network has been in a shouting war with President Trump since the beginning of his presidency. On more than a few occasions the president has accused the network, among other media outlets, of being “fake news.” The reason for CBS’ possible interest is it would enable them to eliminate duplication of the news.

But in reality, CNN is in financial trouble. Viewership has been slipping badly the past few years, being far out shadowed by their arch rival Fox News. CNN is usually a distant second in the cable news ratings game. The cocksure businessman Moonves casually says, “We’ll see. It’s something I’m sure we’ll look at if it (CNN) becomes available.”

More than likely CNN executives and their stockholders are jumping for joy at the thought of a big three network bailing them out. It is uncertain if TMZ would be part of the deal or be dealt to a private equity company.

https://www.youtube.com/watch?v=g6W-ROouV8k

Hot this week

Did David Wineland and Serge Haroche Steal Idea For The Nobel Physics Prize?

Dr. Omerbashich says the Royal Swedish Academy is a Crime Scene and he has the proof that Nobel laureates stole his discovery.

New Approaches to Disaster Relief Challenges

Disaster relief has always been a challenge. NASA, Google,...

3 Legitimate Money Making Methods to Supplement Your Income

In a perfect world, when your landlord raises your...

2016 Predictions by World Renowned Medium and Psychic Lindy Baker

World renowned medium and psychic Lindy Baker is interviewed by The Hollywood Sentinel, discussing psychic power, the spirit world, life after death, areas of concern in 2016, and much more.

Digital Coupon Customers Spending More Than Double At Stores

A new study shows that customers who use digital coupons go shopping more for groceries and other household goods more often and spend more on their shopping trips.

Carlos Ramirez Adds a Human Touch to Automation in Food Manufacturing

Automation isn’t new. However, making it human is. In...

Excellence in Action: Roberto Puerta’s Impact as Airworthiness Coordinator at Jet Air, Inc.

Roberto Puerta, the Airworthiness Coordinator - South American Import/Export...

Ender Garcia: Advancing Wireline Engineering from Venezuela to the Global Energy Sector

Ender Garcia’s professional path in petroleum engineering is defined...

Emiliana Hedderich Showcases Psychedelic Design Typography at Corcoran’s NEXT Exhibition

After years of experimentation, research, and creative growth, graphic...

Preserving Nature and the Timeless Appeal of Leaf Art in Modern Decor

In an era where innovation and preservation coexist, leaf...

Digital Signage in 2025: The Screens That Speak, Sell, and Shape Experience

Introduction It’s 2025, and digital signage has evolved from a...

The Senate Wants to Sell Public Land. How Will it Affect America’s Waterways

A controversial amendment to the contested “Big Beautiful Bill,”...

Courage Comes At A Price, Also A Reward

Courage is hard to find these days. Courage you find in the state of Israel.

Related Articles

Popular Categories