We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
The Hollywood Reporter / Alex Weprin
/ Feb 11“…But if AT&T does part ways with CNN, would it make sense to sell it to another media conglomerate or big tech firm, or to spin it off as its own independent entity? ‘CNN is more likely to be sold than to be spun,’ [Bernstein analyst Peter Supino] says. ‘We think a sale would be a valuable deleveraging event for AT&T, albeit just one step on a long journey, and controlling CNN would be of strategic or political interest to a number of potential buyers who would pay a higher multiple than the public markets are likely to.'” —
Tags:
AT&T,
CNN,
Jeff Zucker
