CNN Firing Dozens Ahead Of AT&T Takeover: Report

[Frank Cannon]

https://www.zerohedge.com/news/2018-02-12/cnn-firing-dozens-ahead-att-takeover-report

As CNN prepares to apply lipstick to its porcine snout ahead of AT&T's planned $85 billion acquisition of parent company Time Warner, dozens of employees are about to receive their walking papers, reports Vanity Fair.

The layoffs, thought to include as many as 50 jobs globally, are said to affect employees in premium business segments, including CNN Money, video, product, tech and social publishing - effectively reversing course on several ill-fated digital ventures launched by president Jeff Zucker designed to compete with Vice and BuzzFeed.

CNN is also said to be scaling back its "virtual reality productions," as well as efforts to integrate the Snapchat platform - for which the network recently canceled a live daily webcast after only four months. CNN is also planning to gut its business-oriented MoneyStream app as well, as reported earlier this month by BuzzFeed.

[WingNot]

So Cingular is buying CNN.  Well as a smart man once said: Stupid is as stupid does.

[edpc]

If they fire Blitzer, he'll be so poor and so black.



http://m.youtube.com/watch?v=1Sfo32rlkiE

[Frank Cannon]

So Cingular is buying CNN.  Well as a smart man once said: Stupid is as stupid does.

They are getting stuck with it as part of a larger deal. It's the rotten orange they stick in the middle of the bag.

[WingNot]

They are getting stuck with it as part of a larger deal. It's the rotten orange they stick in the middle of the bag.

So they have to take that turd as part of the Time Warner deal.   Nice.

[truth_seeker]

I remember when AOL and Time Warner merged, calling themselves AOL-TimeWarner

People still had fresh in mind how they could not get rid of AOL software, or cancel service.

Eventually the name "AOL" was dropped from their corporate name.

[Frank Cannon]

I remember when AOL and Time Warner merged, calling themselves AOL-TimeWarner

People still had fresh in mind how they could not get rid of AOL software, or cancel service.

Eventually the name "AOL" was dropped from their corporate name.

Well almost everyone is in agreement that after the deal, CNN is going to be kicked off to someone else. It's a loser. I see another Bezos type ultra Lib buying them for nothing and using them as their personal megaphone, but since it is CNN it will be more like tin cans and a string.