Report: Amazon's Bezos wants to buy CNN

Tuesday, 27. October 2020 17:51

Amazon head and Washinton Post owner Jeff Bezos is contemplating a purchase of CNN, Fox Business Network reported on Tuesday.

CNN is currently owned by WarnerMedia, previously known as Time Warner. The company was purchased by AT&T in 2019.

Earlier, it was reported that WarnerMedia is looking to reduce its workforce by "thousands" in an attempt to cut costs amid the coronavirus pandemic. The company also said it would be restructuring after being bought by AT&T.

Related Links: AT&T Inc.Amazon.com Inc.
Author:
Breaking the News / VP