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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 04:26
Morgan Fairchild who played Matthew Perry's mom on 'Friends' praised for 'perfect and dignified' tribute to actor
Morgan Fairchild who played Matthew Perry's mom on 'Friends' praised for 'perfect and dignified' tribute to actor
Morgan Fairchild commended Matthew Perry for his candid memoir
2023-10-31 21:27
Taiwan suspends work, transport and classes as island braces for arrival of Typhoon Haikui
Taiwan suspends work, transport and classes as island braces for arrival of Typhoon Haikui
Taiwan has suspended flights, rail transport and ferry services along with classes and outdoor events and it is urging workers to stay home as the island prepares for the arrival of Typhoon Haikui
2023-09-03 11:52
Auto union chief Shawn Fain quotes Malcolm X, shines on Facebook as takes on Detroit Three
Auto union chief Shawn Fain quotes Malcolm X, shines on Facebook as takes on Detroit Three
By Joseph White DETROIT With just over 30 hours to go before a strike deadline he set, United
2023-09-14 18:45
Adin Ross threatens woman for using N-word against IShowSpeed: 'I'm going to stab you'
Adin Ross threatens woman for using N-word against IShowSpeed: 'I'm going to stab you'
Adin Ross and IShowSpeed's livestream took an unexpected turn when a woman made a racist comment against the YouTuber
2023-12-01 16:47
North Dakota Gov. Doug Burgum seriously considering bid for 2024 GOP presidential nod
North Dakota Gov. Doug Burgum seriously considering bid for 2024 GOP presidential nod
North Dakota Gov. Doug Burgum is seriously mulling a bid for the 2024 Republican presidential nomination, a source with knowledge of his plans told CNN.
2023-05-19 00:51
What is Orbeez Challenge on TikTok? Could you go to prison for trying it?
What is Orbeez Challenge on TikTok? Could you go to prison for trying it?
Here's everything you need to know about Gen Z's latest obsession, the Orbeez Challenge
2023-05-30 18:21
Stock market today: Rate hopes push Asian shares higher while oil prices edge lower
Stock market today: Rate hopes push Asian shares higher while oil prices edge lower
Asian shares are higher after Wall Street advanced on potentially encouraging news about interest rates, which have been dragging markets lower since the summer
2023-10-10 15:22
West Coast dockworkers, shippers reach tentative contract agreement
West Coast dockworkers, shippers reach tentative contract agreement
The union for thousands of West Coast dockworkers has reached a tentative agreement on a new contract after more than a year of negotiations and several work disruptions that snarled shipping traffic at some of the largest ports
2023-06-15 15:27
Russia-Ukraine war – live: Kyiv adds to losses of Putin’s forces in ‘successful’ strikes along Dnipro River
Russia-Ukraine war – live: Kyiv adds to losses of Putin’s forces in ‘successful’ strikes along Dnipro River
Ukrainian troops have conducted a “series of successful operations” against Putin’s troops following a breakthrough on the eastern bank of the River Dnipro. In a statement, the Ukrainian Marines said they had established several bridgeheads across the river in the Russian-occupied part of Kherson region and were continuing to carry out operations. It comes as Russia intensified its strikes on Ukrainian ports overnight, including Odessa. The Ukrainian air force said it downed nine out of 10 Iranian-made Shahed drones over Mykolayiv and Odessa. Meanwhile, Ukraine forced Russia’s naval fleet to pull back in the eastern part of the Black Sea, president Volodymyr Zelensky has claimed. “For the first time in the world, it was in the Black Sea that a fleet of naval drones began to operate – a Ukrainian fleet,” Mr Zelensky wrote on Telegram. “I would also like to note that now – as one of the main results of our actions – Russia is unable to use the Black Sea as a springboard to destabilise other regions of the world.” Read More David Cameron meets Zelensky in Ukraine in first visit as foreign secretary – and praises Boris Johnson In Russia, more Kremlin critics are being imprisoned as intolerance of dissent grows Russian court convicts a woman for protesting the war in Ukraine in latest crackdown on free speech Bombs, betrayal and burying loved ones: Plight of one Ukraine village illustrates toll of Russia’s invasion
2023-11-17 19:54
Paige Spiranac’s ‘golf appropriate’ post on social media divides Internet as trolls dub her 'cringe'
Paige Spiranac’s ‘golf appropriate’ post on social media divides Internet as trolls dub her 'cringe'
Paige Spiranac said, 'It's just how I feel best, I've always dressed this way, I like being sexy, it's when I'm most confident'
2023-09-19 14:53
Zendaya and team slam report that claimed she was turned away from restaurant in Rome due to outfit
Zendaya and team slam report that claimed she was turned away from restaurant in Rome due to outfit
Zendaya and her reps called out the Daily Mail report for being 'completely false' and a 'bald head lie'
2023-06-13 14:25