Jon Stewart doesn't like the cable news channel and wants to make it better—but he'll need some help raising the funds to buy it
If Rupert Murdoch buys Time Warner, the world’s other great media titan will be there to pick up the scraps.
Jon Stewart said Tuesday on the Daily Show that he is launching a $10 billion Kickstarter campaign to buy CNN. The legacy news station, whose value is reportedly around $10 billion and is a Time Warner company, would likely be up for sale if Rupert Murdoch were successful in his bid to acquire the media conglomerate.
Ten billion dollars?
“It’s a lot of money for anyone,” said Stewart on Tuesday. “But not a lot of money for everyone.”
So that’s where the Daily Show host’s campaign comes in. Stewart’s LetsBuyCNN.com mimics a Kickstarter page, though it doesn’t actually allow users to contribute money toward the goal. Hypothetically, a contribution of $1 billion would allow you to host a CNN anchor Hunger Games-style fight to the death.
Worth it? Depends on whether you dislike CNN as much as the Daily Show does.
“CNN, America’s first 24-hour cable news network, has been terrible for many, many years,” LetsBuyCNN.com reads. “Does it have to be that way? Who knows, maybe it does. So let’s find out for ourselves!”