CNN and CBS talk again Written by Chris Forrester
Wednesday, 05 May 2010 10:31
Cable news broadcaster CNN is having serious talks with CBS over how they might co-operate on news-gathering. ABC has just concluded an operation where 400 staff have been let go, mostly from ABC’s news division.
These are not the first discussions between CNN and CBS. Indeed the pair have “talked” frequently over the years. CNN’s star correspondent Christiane Amanpour (she joins ABC in August) worked with CBS as far back as 1996. However, New York sources are suggesting that this time around the discussions are serious. Similar talks have been held with ABC in the past.
There’s plenty of cash coming into CNN’s coffers, but it is struggling in the ratings, being out-performed by Rupert Murdoch’s Fox News.
CNN’s owner is Time Warner and T-W and CBS have a few existing partnerships and co-operations, not least a 14-year US$11bn deal between CBS Sports and Turner Broadcasting to share the TV rights to certain college basketball games. The pair also jointly-own the CW free-to-air TV network.