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Billionaire Trump supporter offers to buy embattled CNN
Billionaire Trump supporter offers to buy embattled CNN
A Donald Trump-supporting New York billionaire says that he wants to buy embattled CNN from Warner Bros. Discovery. Grocery mogul John Catsimatidis told The New York Post that he would “go run the place tomorrow morning and all I’d want is $1 per year.” The news network has been hit by falling ratings and earlier this week under-fire CEO Chris Licht, who attempted to drag CNN to the right, was fired after a searing profile in The Atlantic. Greek-born Mr Catsimatidis, 74, refused to tell the newspaper how much he would be willing to offer for CNN. “It’s up to the investment bankers to come up with the numbers,” he said, as he suggested that finance to complete the deal would not be an issue. “We could always bring partners in, but I want to run the place,” he continued. “We are capable of putting down a substantial amount of money.” And he added: “I’d go run the place tomorrow morning, and all I’d want is $1 per year and a piece of the upside.” Mr Catsimatidis, who has a reported personal wealth of more than $4bn, is already in the media business having bought New York’s WABC radio station for $12.5m in 2019. “Whoever is running that company (CNN) is wrong,” Mr Catsimatidis said, telling the newspaper the network should not have fired Mr Licht, who supported the controversial Donald Trump town hall. “If the network is getting half a million (viewers) a night and they have Trump on and they get 3 million (viewers), to fire the CEO for getting that many people…” he said. But he insisted that if took over CNN he would continue to try and ensure that Republicans got equal coverage to Democrats. “I want the truth, not opinions. If people say there’s two truths, let’s voice both truths and let the viewers decide.” Read More How Chris Licht’s botched effort to drag CNN to the right ended with his own stunning downfall CNN CEO Chris Licht out days after devastating expose CNN’s own media reporter turns on embattled CEO The folly of trusting Trump claims two more victims. Why do they do it?
2023-06-09 04:18
Musk expected to visit China this week, meet officials - sources
Musk expected to visit China this week, meet officials - sources
HONG KONG/SHANGHAI Tesla Chief Executive Elon Musk is expected to visit China this week, three people with knowledge
2023-05-29 20:20
Salah hits landmark goals in Liverpool's 3-0 win against Brentford
Salah hits landmark goals in Liverpool's 3-0 win against Brentford
Mo Salah reached a century of goals in English soccer as Liverpool beat Brentford 3-0 in the Premier League
2023-11-13 00:45
Selena Gomez admits she has a major crush on 'someone' but Internet drags Hailey Bieber into it
Selena Gomez admits she has a major crush on 'someone' but Internet drags Hailey Bieber into it
Selena Gomez gushed over her new crush on her cooking show 'Selena+Chef: Home for Holidays'
2023-11-30 11:50
'Our offensive does not end here': CNN visits fluid front lines as Kyiv vows to drive out Russian forces
'Our offensive does not end here': CNN visits fluid front lines as Kyiv vows to drive out Russian forces
Ukrainian forces have been working to stabilize liberated southern villages but the situation remained very fluid when CNN visited the frontline town of Velyka Novosilka. Russia, some soldiers said, was not going down without a fight.
2023-06-14 19:30
Taylor Swift's 'wedgie' moment at VMAs goes viral as fans say 'that's how you do it'
Taylor Swift's 'wedgie' moment at VMAs goes viral as fans say 'that's how you do it'
Taylor Swift won nine VMAs of the 11 categories she was nominated for, bringing her total to 23
2023-09-14 16:54
Private mission carrying first Saudi astronauts to visit ISS set for launch
Private mission carrying first Saudi astronauts to visit ISS set for launch
A private mission to the International Space Station (ISS) organized by Axiom Space is due to blast off from Florida on Sunday, carrying the first two Saudi astronauts to...
2023-05-21 09:54
West Ham 2-2 Newcastle: Player ratings as late Kudos strike earns Hammers point
West Ham 2-2 Newcastle: Player ratings as late Kudos strike earns Hammers point
Player ratings from West Ham's 2-2 draw with Newcastle in the Premier League on Sunday.
2023-10-08 23:51
Stephen Strasburg's Contract is Undoubtedly the Worst in Sports History
Stephen Strasburg's Contract is Undoubtedly the Worst in Sports History
Stephen Strasburg's contract is the worst in the history of professional sports.
2023-08-26 21:18
McCarthy became the latest victim of Trump's extreme GOP revolution
McCarthy became the latest victim of Trump's extreme GOP revolution
Kevin McCarthy's big mistake was trying to govern.
2023-10-04 12:18
Nathan Ake signs new Man City contract
Nathan Ake signs new Man City contract
Nathan Ake has signed a new four-year contract at Man City.
2023-07-29 16:23
Missouri-Georgia and LSU-Alabama put SEC back in the national spotlight in Week 10
Missouri-Georgia and LSU-Alabama put SEC back in the national spotlight in Week 10
SEC standard bearers Georgia and Alabama are front and center in Week 10 of the college football season after the Pac-12 commanded the national spotlight for most of the last month
2023-11-01 19:56