WarnerMedia plans to sell CNN Center - News Summed Up

WarnerMedia plans to sell CNN Center


New York (CNN Business) CNN's parent company has made a big decision: CNN Center, the network's landmark building in Atlanta, is going up for sale. Pascal Desroches, the chief financial officer for WarnerMedia, which is comprised of CNN and other brands such as HBO and Warner Bros, said the company is prioritizing Techwood, another property it owns in Atlanta. "Following the sale of the CNN Center, we plan to centralize most of our employees on the Techwood campus," Desroches wrote in an internal memo. "This process will take several years, so we don't expect any immediate changes for employees working at the CNN Center." It will be a homecoming of sorts, since CNN was founded in 1980 at a former country club on Techwood Drive.


Source: CNN June 30, 2020 00:00 UTC



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