2017 has slowly revealed itself to be an awful year for cable “news” network CNN, who quite foolishly picked a fight with the President of the United States within moments of his inauguration.
The network, whose reputation for brazen liberalism has long tainted their journalistic integrity, found itself in the midst of several massive scandals during the 2016 presidential election, not the least of which was a scheme in which the network shared debate questions with democratic candidate Hillary Clinton’s campaign in advance of her showdowns with Donald Trump.
Since that time, CNN has attempted to relay Clinton’s tired and childish battlecry of “fake news!” to anyone willing to listen to them. Much of the last 9 months’ worth of airtime at the network has been dedicated to the leftist “resistance” to the President, perpetuating absurd Russian conspiracy theories and overtly antagonizing the President’s inner circle both inside and outside of the White House.
Now, as an enormous merger is set to occur between CNN’s parent company Time Warner and digital dictator AT&T, and CNN’s future is apparently hanging in the balance.
“There are rumblings at the highest executive levels that AT&T’s top executives are considering divesting some Time Warner assets — including news organization CNN and celebrity gossip site TMZ — after they merge.
“AT&T expects the Justice Department to approve its $85 billion acquisition of Time Warner, and for the deal to close, by year end. The telco has already named longtime exec John Stankey to be CEO of AT&T’s media properties. He’s leading the Time Warner Merger Integration Planning Team, working with Time Warner CEO Jeff Bewkes.
“CBS has long had its eye on CNN. The broadcast company’s CEO, Les Moonves, said at Herb Allen’s Sun Valley retreat last month that he would be interested if the cable news network became available. Neither CBS or AT&T would comment.
“For TMZ, Deadline was told that AT&T is considering a sale to a private equity company. ‘They don’t want any controversy,’ one source with knowledge of AT&T’s intentions says, adding that the communications giant may also be looking to sell other properties under Turner.
“Selling CNN might help avoid a different kind of controversy for AT&T: President Donald Trump loathes the news network. That could be troublesome for telco CEO Randall Stephenson. His company frequently does business with the FCC, now controlled by Trump appointees.”