CNN, ABC News Merger Stalled

from the so-complex dept

Back in September we reported the rumore that ABCNews and CNN would merge their news divisions in order to better take on rivals like NBC/MSNBC and Fox/FoxNews. However, now, AOL-Time Warner is saying the deal has been put on hold because it's too complex. I don't think that's true. Complexities on how to merge organizations can be worked out. The deal has been put on hold because someone isn't happy about how the money will shake out.

2 Comments | Leave a Comment..


If you liked this post, you may also be interested in...
 

Reader Comments (rss)

(Flattened / Threaded)

  1.  

    money, money, money

    identicon
    tjcali, Dec 11th, 2002 @ 10:46am

    Of course it's about money, no point in merging and leveraging assets if it wasn't for money. The complexity is a cover for who is going to pull the longer end of the revenue stick.

    reply to this | link to this | view in thread ]

  2.  

    No Subject Given

    identicon
    Alex, Dec 11th, 2002 @ 12:06pm

    In one of The Simpsons episode, that describes the future, Kent Brockman is supposedly working for ABCNNBC. I guess the script writers couldn't be closer to the truth.

    reply to this | link to this | view in thread ]


Add Your Comment

Have a Techdirt Account? Sign in now. Want one? Register here
Get Techdirt’s Daily Email
Save me a cookie
  • Note: A CRLF will be replaced by a break tag (<br>), all other allowable HTML will remain intact
  • Allowed HTML Tags: <b> <i> <a> <em> <br> <strong> <blockquote> <hr> <tt>


A word from our Sponsors...
Follow Techdirt
Flattr rss rss
From the Techdirt Archive...
A word from our Sponsors...

Close

Email This