Is Jeff Bezos about to become the most powerful man in America?
Fox Business Senior Business Correspondent Charles Gasparino broke a masive story on Twitter and on cable news that Amazon founder and CEO Jeff Bezos is in talks to purchase CNN from AT&T.
Here is the tweet:
BREAKING: Is @amazon chief and @washingtonpost owner @JeffBezos looking to create a media empire? Investment bankers talking up the possibility of Bezos buying @CNN as @ATT looks to shed assets amid massive debt load following TimeWarner deal. Will discuss at 1pm @FoxBusiness $T
— Charles Gasparino (@CGasparino) October 27, 2020
In addition to owning The Washington Post, Bezos would own a cable news channel that has gone down the toilet in the age of Trump. AT&T, meanwhile, is looking to shed assets in order to pay down some of its debt.
What does Bezos gets out of this? Perhaps to mold public opinion and shape the public agenda.
That said, ZeroHedge had the best description of the story: “Rupert-Murdoch-On-Steroids.”
This is Bezos’ world, and we’re all just Amazon Prime subscribers.
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