alt Hacker News> everyone knows why this purchase was made
you should say what you're talking about because I for one have no idea.
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afavour • yesterday at 10:21 PM
I assume OP is talking about an ideological motive to take over the media industry and pivot it in a rightward direction. That’s certainly what happened with CBS News, I think it’s fair to speculate about CNN too.
No idea why OP alluded to it rather than just said it though.
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cyanydeez • yesterday at 10:15 PM
Its a cynical media control strategy to prevent taxes on the rich.
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ajb • yesterday at 10:30 PM
He's probably talking about this: https://www.972mag.com/ellisons-paramount-tiktok-israel-medi...
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The idea is that this is a political deal, not a business deal - by buying WBD, the Ellisons add CNN to a portfolio that already includes CBS and TikTok, and shaping coverage matters more to them than the stock price.