Fox Business Correspondent Talks Speculation of a Jeff Bezos Major Network Buy

Business, Lifestyle, Media
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Recently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed Charlie Gasparino.

Rumor has it that Amazon’s Jeff Bezos is interested in purchasing CNN to add to his growing media empire which includes The Washington Post. Charlie recently wrote about this at Fox Business:

“The investment banking world is buzzing that the controversial chief executive of and owner of the Washington Post, Jeff Bezos, is sniffing around on a potential purchase of one of AT&T’s most valued assets, the Cable News Network, bankers tell FOX Business.

“A person close to Bezos says as of now there is no real interest. ‘There has been zero talk on this,’ according to the source.

“FOX Business has not been able to confirm whether Bezos has had even informal talks on the deal or whether the speculation is simply a product of investment banker chatter which is often a catalyst for deal making even before talks commence. That holds especially true when deal making speculation swirls about someone of Bezos’s caliber — the world’s richest man with a net worth of $200 billion per…”  READ MORE

According to the Fox Business Network:

“Charles Gasparino joined FOX Business Network (FBN) in February 2010 as Senior Correspondent.

“In this capacity, Gasparino provides on-air reporting throughout the business day, covering the latest news involving major events impacting finance, the economy and politics. Throughout his tenure with the network, Gasparino has been credited with being on the forefront of a number of breaking news stories in politics and finance, including most recently the 2020 Democratic presidential candidate fundraising efforts, the 2019 Sprint/T-Mobile merger, the merger of Viacom and CBS, economist Stephen Moore’s plans to enter the cryptocurrency marketplace, Derek Jeter’s $1.2 billion bid in 2018 for the MLB’s Miami Marlins, updates regarding the Trump administration’s trade efforts and a series of investigative pieces on convicted sex offender and Wall Street investor Jeffrey Epstein. Gasparino had one of the few interviews with Epstein before his death.

“Prior to joining FBN, Gasparino was an on-air editor for CNBC where he was responsible for breaking some of the biggest stories during the 2008 financial crisis, including the first reports of the governments so-called TARP bailout of the big banks, AIG’s government bailout, details behind the collapse of Lehman Brothers and the shakeups at Merrill Lynch and Morgan Stanley.

“Previously, he was a senior writer at Newsweek magazine and the Wall Street Journal, where his work was submitted for the Pulitzer Prize in beat reporting in 2002 and won the New York Press Club award for best continuing coverage of the Wall Street research scandal. In 2003, his work was again submitted as part of a team of reporters for the paper’s coverage of the NYSE and the resignation of its long-time chairman, Richard Grasso.”


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