(Natural News) Earlier this week, a report noted that as AT&T finalized its purchase of Time Warner, executives were considering selling off some of the purchased companies assets, including celebrity news website TMZand fake news outlet CNN, the latter of which has taken a beating in the ratings for months.

AT&T Entertainment Group chief John Stankey put the kibosh on that story a couple of days later, claiming that no, CNN won’t be auctioned off because it’s too valuable. “It would be a strategically missed opportunity if we weren’t in that business” of breaking news, he told The Hollywood Reporter, as noted by Newsmax.

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