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CNN Faces Trouble If ATT Purchase Approved

Will this presidential election be the most important in American history?

The controversy and brand damage caused by CNN hosts and fake news reports will impact the news organization if the purchase of its parent company Time Warner by AT&T is approved by the government.

The New York Post reports that if AT&T gets ownership it could fire current CNN President Jeff Zucker or sell the news organization.

The $85 billion acquisition of CNN parent Time Warner by AT&T could win antitrust approval by the Justice Department in the next 60 days, sources said.

“There was early talk about the way Zucker managed that wasn’t a good fit for the new organization,” one source said. “They were eyeing ways to neutralize him.”

That desire leaves Zucker facing an uncertain future that includes the possibility of getting unceremoniously dumped, one source said.

Other potential scenarios include AT&T kicking the 52-year-old executive upstairs with a corporate title that strips him of any power over CNN — or a sale of the network that would let AT&T wash its hands of any future messes.

If the purchase goes through selling CNN makes the most sense.

Given today’s polarized climate, AT&T’s television and cell phone customers could retaliate against CNN by abandoning AT&T’s services.

Tom Borelli

Dr. Tom Borelli is a Newsmax TV contributor and radio commentator addressing political issues from a conservative grassroots perspective. As a columnist, he has written for The Washington Times and authored articles for Newsmax Magazine, Newsmax Insider and previously was a co-host with his wife Deneen Borelli on the SiriusXM Patriot channel. Dr. Borelli appeared on numerous television programs, including the highly ranked Fox News Channel’s “The O’Reilly Factor,” “Hannity,” “The Kelly File," and "America’s News Headquarters." He has also appeared on Fox Business Network’s “Making Money with Charles Payne” and “After the Bell” as well as TheBlaze TV’s "The Glenn Beck Program" and "Dana!" Prior to working for public policy organizations, Dr. Borelli was a managing partner with the investment advisory firm of Action Fund Management, LLC and a portfolio manager for the Free Enterprise Action Fund (FEAF) where he used shareholder activism to challenge corporations that sought to profit from the growth of government. During his 25 years with the Altria Group, Inc., he built a foundation in public policy and issues management, drawing from diverse experiences ranging from basic research to corporate affairs. Dr. Borelli served as science fellow for the U.S. House of Representatives' Committee on Science, Space, and Technology during the 100th Congress. Dr. Borelli has also published scientific papers on interferon and human leukemia.

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