Sunday, July 20, 2014

CBS might consider buying CNN -- should it be available as a result of a possible sale of Time Warner to 21st Century Fox."It's something I'm sure we'll look at if it becomes available," said Les Moonves, president/chief executive officer of CBS, speaking to reporters at the Television Critics Association on Thursday.Moonves added: "We've always talked about doing things with CNN in the past," referring to possible joint venture operations of the CNN and CBS News division, which have been rumored in the past.How about Time Warner itself? Not likely. Moonves says Time Warner in terms of market capitalization is much larger than ... Read the full story by Wayne Friedman