NYPOST.COM
'acquisition?'

Jeff Bezos weighing possible acquisition of CNBC cable network

SUMMARY

Jeff Bezos is considering acquiring CNBC after it spins off from NBCUniversal this year. The network, known for shows like "Squawk Box" and "Mad Money," may align with Bezos's interests, providing a credible media voice amid his challenges with the left-leaning Washington Post.

Comcast plans to separate its struggling cable assets, including CNBC, into a new publicly traded company called Versant. However, selling major assets like CNBC could have tax implications during a two-year period post-spinoff.

Bezos, with a net worth of $241 billion, has faced turmoil at the Washington Post as he shifts its coverage. Recent controversies have led to numerous staff departures, while he also considers buying Vogue magazine.


▶︎ Click here for more breaking news