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Why Time Warner and CBS Should Merge
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FBN's Dennis Kneale breaks down why it makes financial sense for Time Warner and CBS to merge.
- Duration 1:09
- Date May 2, 2012
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FBN's Dennis Kneale breaks down why it makes financial sense for Time Warner and CBS to merge.
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Report thank you very much to.
OK Time Warner earnings down 11% on 4% revenue growth the first quarter.
Which seems like a fine time to look at a bold idea that Time Warner should buy CBS.
All of the synergies they already share a ten billion dollar contract for college basketball they already jointly -- -- fifth broadcast network they're news businesses could -- well.
Two and a Half -- has made by Warner for CBS.
Both own -- channel -- showtime HBO the one big obstacle is this.
Ego big egos of the two CEOs let's move that's it CBS and Jeff Bewkes -- Time Warner.
Neither man is likely to agree to play second banana to the other.
But money can make the difference maybe Jeff Bewkes on offer last -- -- a golden parachute Cheryl.
-- Warner is never gonna merge with CBS if you look at it I understand like the synergies that could happen there's been lots -- -- in our circles or media circles how great CBS's -- member -- the together in the same time.
Unfortunately because of the bill of lessons were learned -- that -- -- burned financially Ted Turner on down.
Yeah a long Time Warner I just to the sap they're -- just my opinion the only might -- they're too burned okay.
But you know sometimes he should be if -- cash.