AT&T is working on buying Time-Warner, parent company of CNN. CNN is plagued by plummeting ratings and legitimate accusations that it is "in the tank" for the Democrats. In recent weeks, it has been widely criticized for false news stories attacking President Trump and has been forced to retract at least twice. Most recently, they have obviously threatened the maker of a GIF depicting Trump beating up on a figure whose head has been replaced by a CNN logo.
Now, Jimmy Carr, the same CNN producer who called American voters “stupid as s*t”
while speaking with two PV reporters in a prior meeting, is heard
saying that he has no regrets over his past remarks. Carr, who produces
"New Day," also said in the previous meeting that President Trump was a
“f**king crazy” clown.
Who in their right mind would want to buy an asset that is obviously grossly mismanaged, controversial and headed straight for the garbage pile of extinction? Such a purchase could never have a positive impact on AT&T's shares.
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