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Report: CNN Could Be Put Up for Sale,
Former CEO Jeff Zucker ‘Likely’ to
Make a Bid

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Posted By: Imright, 6/23/2023 8:59:08 AM

Amid growing speculation that Warner Bros. Discovery may sell CNN in the coming year, sources told the New York Post that former CNN CEO Jeff Zucker is “likely” to make a bid to purchase the network. Zucker allegedly “holds a grudge,” and wants to find a way to “be back on top” after he was ousted from the network more than one year ago, a source close to Zucker told the Post. Zucker resigned from the network in February 2022 after it was revealed he had an inappropriate relationship with one of his subordinates, Allison Gollust, the network’s chief marketing officer.

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Reply 1 - Posted by: DougTN 6/23/2023 9:07:27 AM (No. 1498003)
The sale value of a business is based on a multiple of annual adjusted income and/ or future expected income. I’m betting whoever buys it will have to be paid to take it off WBD’s hands. I’m betting CNN is loosing money and WBD wants rid of it.
8 people like this.

Reply 2 - Posted by: TexaTucky 6/23/2023 9:14:03 AM (No. 1498012)
Ted Turner should buy it back.
5 people like this.

Reply 3 - Posted by: Krause 6/23/2023 9:19:21 AM (No. 1498017)
He better wait to make sure Trump wins in 2024. TDS is needed to get all the crazy lefty audience back.
6 people like this.

Reply 4 - Posted by: john56 6/23/2023 9:36:55 AM (No. 1498026)
Didn't Newsweek get sold for a dollar? CNN would be overpriced at that amount.
10 people like this.

Reply 5 - Posted by: bpl40 6/23/2023 9:47:16 AM (No. 1498034)
If value is the criteria, shouldn't cost more than a cup of coffee at Starbucks. Still ahead of Newsweek!
7 people like this.

Reply 6 - Posted by: zephyrgirl 6/23/2023 9:47:49 AM (No. 1498035)
Unfortunately, thanks to Zucker, the leftists are firmly entrenched at CNN, not just the talking heads, but also the producers, bookers, writers and researchers. Turning that hot mess around is a long-term project with no guarantee of success. The cuts have to be ruthless and deep, and then finding replacements becomes a problem since most journalists are leftists. Selling it and making it someone else's problem is probably the best option.
8 people like this.

Reply 7 - Posted by: MickTurn 6/23/2023 10:20:02 AM (No. 1498055)
My Bid is 100 Billion Pieces of SchiffT!
6 people like this.

Reply 8 - Posted by: DVC 6/23/2023 10:58:35 AM (No. 1498076)
Are there no actually patriotic and conservative billionaires who would purchase this and run it like an honest news outlet?
4 people like this.

Reply 9 - Posted by: Safari Man 6/23/2023 11:16:48 AM (No. 1498096)
Paging Elon Musk, Elon Musk to the Batphone for an important call.
9 people like this.

Reply 10 - Posted by: mifla 6/23/2023 11:34:03 AM (No. 1498105)
It would be hilarious if Elon bought CNN.
6 people like this.

Reply 11 - Posted by: Maggie2u 6/23/2023 1:32:52 PM (No. 1498174)
poster #6, that sounds like a job for Superman...or Elon Musk.
3 people like this.

Reply 12 - Posted by: LadyVet 6/23/2023 2:46:46 PM (No. 1498206)
Sounds like an opportunity for Elon and Tucker. They could give a platform to James Woods. I could stand to look at Jim Caviezel, too. That man makes good sense. Or he could just have cameo appearances to deliver speeches by historical men, like Ronald Reagan, George Washington, Patrick Henry, etc.
2 people like this.

Reply 13 - Posted by: anniebc 6/23/2023 5:02:59 PM (No. 1498256)
CNN should be dragged to the graveyard never to be seen or heard from again.
1 person likes this.

Reply 14 - Posted by: Strike3 6/23/2023 5:12:42 PM (No. 1498263)
When the product sucks, it makes very little difference who is managing it unless the new guy knows how to rebuild it from the ground up. CNN saw its best days about 30 years ago.
1 person likes this.

Reply 15 - Posted by: Hard Nard 6/23/2023 5:55:25 PM (No. 1498283)
Maybe Trump should buy CNN and hire Tucker to head things up?
2 people like this.

Reply 16 - Posted by: Catherine 6/23/2023 9:43:07 PM (No. 1498391)
Well, how much are they asking for it? I have a few dollars left from my social security check this month.
1 person likes this.

Reply 17 - Posted by: SamNJ 6/23/2023 10:30:22 PM (No. 1498406)
I heard conservative billionaire, John Catsimatidis, owner of NYC radio station WABC, state on his radio program that he would like to buy CNN
1 person likes this.

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