Amazon founder and Washington Post owner Jeff Bezos is reportedly exploring the possibility of acquiring CNBC, the business-focused cable network, after Comcast’s planned spin-off of CNBC and other assets into Versant Media Group later in 2025 Investopedia
Why CNBC May Appeal to Bezos
- Sources suggest Bezos views CNBC as a strategic fit for his media portfolio, citing its brand strength, business-oriented content, and reputation for neutrality
- The acquisition could complement Bezos’s existing holdings—The Washington Post and the Washington Nationals—and bolster Amazon’s content ecosystem via Prime Video and Prime News
Spin-Off and Timing Constraints
- Comcast intends to separate CNBC along with MSNBC, USA Network, and E! into a new public company called Versant, expected to be led by CEO Mark Lazarus and officially launched by year-end
- Versant generated about $7 billion in revenue last year, but tax-free spin‑off rules forbid sale of major assets like CNBC within two years, complicating any transaction
Speculation Versus Reality
- Reports remain speculative and no formal offer has been made by Bezos. He reportedly has not approached Comcast or Versant executives, and CNBC insiders say Versant plans to grow the network—not sell it immediately
- A source close to Bezos categorically rejected the claims, stating there is “not a shred of truth” to the acquisition rumors
Key Facts at a Glance
Item | Details |
---|---|
Reported Interest | Jeff Bezos considering CNBC acquisition after Comcast spin-off |
Strategic Fit | Business-oriented, neutral journalism, aligns with Bezos’s media holdings |
Spin-off Entity | CNBC to join Versant Media Group, along with MSNBC, USA Network, E! |
Spin-off Restrictions | Two-year ban on asset sales due to tax-free spinoff rules |
Status of Deal | No formal offer yet; no contact with Comcast made |
Source Credibility | Mixed—NY Post speculation vs. denial from Bezos associates |
Why It Matters
- Bezos’s interest reflects his ambition to expand media influence beyond print journalism. CNBC could provide a fresh platform for business and financial content, closing gaps in his media strategy after turbulence at The Washington Post.
- For Comcast and Versant, the speculation highlights broader valuation questions around the spin-off as companies respond to declining cable subscriptions and evolving streaming markets.
- If pursued, regulatory scrutiny is likely. Amazon’s substantial presence in e-commerce and streaming may raise antitrust concerns regarding media consolidation.
Bottom Line
While Jeff Bezos may be eyeing CNBC as a potential acquisition target, the move remains unconfirmed and speculative. Spin-off constraints and a stated denial from individuals close to Bezos cast doubt on immediate feasibility. Still, the rumor underscores shifting media landscapes and Bezos’s continued intrigue with high-profile content platforms.