According to a Friday report by The Hill, Rupert Murdoch, executive chairman of 21st Century Fox and Fox News, has inquired about buying the leftist news station CNN.
Sources say that Murdoch has inquired, not once but twice, about buying CNN from AT&T CEO Randall Stephenson:
“According to one source, Murdoch offered to purchase CNN in both conversations. But another source said Murdoch had “zero interest” in purchasing the 37-year-old cable news network,” reported The Hill.
AT&T agreed to buy Time Warner 13 months ago but is awaiting approval from the US Antitrust regulators. However, conflicting reports have emerged over whether the Justice Department has required the sale of Turner Broadcasting prior to approval of the deal:
“Stephenson on Thursday denied that the demand had ever been made and that he would not even consider it,” reported The Hill.
Matt Drudge tweeted that the President of CNN, Jeff Zucker, will be “out either way,” whether AT&T acquires Time Warner or not:
Jeff Zucker out either way at CNN, primetime ratings abysmal. Feud with President Trump too personal and ridiculous…
— MATT DRUDGE (@DRUDGE) November 9, 2017
However, CNN has fired back at Drudge claiming that the news source has “strong ratings when compared to the network’s past performance”.
If Murdoch does end up purchasing CNN, Trump fans and Republicans alike will jump for joy. It would be a bittersweet end for CNN as they would have someone in charge who actually knows how to be successful in news coverage, but would undoubtedly shift the network right.