Project Spotlight: CNN is missing from its own merger
Show notes
Three sovereign wealth funds are buying thirty-eight and a half percent of the new Warner Brothers Paramount, one of them chaired by the man American intelligence concluded ordered the murder of a Washington Post columnist. But don't worry, they promised not to touch the newsrooms.
The promise covers the broadcast stations and CBS News. I searched the entire FCC petition for the words Cable News Network and got zero results, because CNN is cable, cable has no license, and a license is the only thing Washington can take away.Every piece of work you would have to finish before selling a news network is finished. Everyone responsible says nothing has been decided.
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