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Bezos Spent $500 Million On A Yacht, How Much Could It Cost Him To Buy CNBC? - Comcast (NASDAQ:CMCSA)
NEW YORK, UNITED STATES, JUL 24 – Jeff Bezos aims to strengthen his media holdings by acquiring CNBC amid Washington Post turmoil that led to over 300,000 subscription cancellations, sources say.
- Jeff Bezos is weighing a possible acquisition of CNBC, as the network prepares to spin off into Versant later this year.
- Amid months of turmoil at the Washington Post, Bezos’s search for stability prompted a pivot toward centrist, pro-business themes in its opinion section.
- A source close to the transition notes Versant intends to grow CNBC rather than sell it, while regulations prohibit major asset sales for two years.
- Known for programs like Squawk Box and Mad Money, CNBC could bolster his media credibility, according to The New York Post, while insiders describe CNBC as a `neutral voice` in his media portfolio.
- This interest signals a broader ambition to reshape his media empire and gain a foothold in business journalism, and he is also eyeing the Seattle Seahawks, set to hit the market soon.
15 Articles
15 Articles
Amazon's Jeff Bezos Eyes Buying CNBC
Amazon billionaire Jeff Bezos is reportedly considering a bold move to acquire CNBC, the prominent cable network known for business programs like “Squawk Box” and “Mad Money with Jim Cramer,” according to sources familiar with the matter that talked with The New York Post. The 61-year-old e-commerce magnate has expressed interest in purchasing the network […] The post Amazon’s Jeff Bezos Eyes Buying CNBC appeared first on Cord Cutters News.
Bezos Spent $500 Million On A Yacht, How Much Could It Cost Him To Buy CNBC? - Comcast (NASDAQ:CMCSA)
Could the man who transformed online shopping be setting his sights on transforming how we consume financial news? Jeff Bezos, known for his audacious investments, might just be eyeing a new media venture that could shake up the industry. Billionaire and Amazon.com founder Bezos has spent millions of dollars on items like a large superyacht and his recent wedding to Lauren Sanchez. Retired from Amazon and building a portfolio of private companie…
According to indiscretions, it would have expressed its interest in the acquisition of the issuer after it was disembedded by Comcast, the parent company of NBCUniversal.
Amazon Founder Jeff Bezos Is Looking To Buy CNBC * 100PercentFedUp.com * by Anthony
Maybe this is why Bezos has been cashing out his stocks. Amazon founder Jeff Bezos is reportedly looking to buy the cable network CNBC. The report of Bezos’ interest in CNBC stemmed from conversations with his close business associates. The New York Post broke the story and had more in-depth details: Amazon billionaire Jeff Bezos has been weighing a possible acquisition of CNBC, The Post has learned. The 61-year-old e-commerce magnate has signa…
Jeff Bezos Eyeing CNBC Acquisition Amid Washington Post Turmoil
NEW YORK CITY (VINnews)-Amazon founder Jeff Bezos is reportedly exploring a potential acquisition of CNBC, the popular business-focused cable network owned by Comcast’s NBCUniversal. Join our WhatsApp group Subscribe to our Daily Roundup Email According to sources close to the billionaire, Bezos has privately expressed interest in snapping up the network once Comcast spins it […]
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Bias Distribution
- 44% of the sources lean Right
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