The Man That Wants to Run CNN

Billionaire John Catsimatidis made his money running supermarkets, now he wants to run CNN.

Catsimatidis told WABC radio that he wants to buy CNN and then he will run the network for a $1 a year salary.

Catsimatidis doesn’t seem to have much of a TV background, he has a radio show and a podcast, so we're not sure how he thinks he could run a news network.

“I’d go run the place tomorrow morning, and all I’d want is $1 per year and a piece of the upside,” Catsimatidis told the NY Post, claiming he could “double the profits” in a short amount of time.

I don’t think anyone gives a crap about how much money CNN makes. People watching CNN want a channel that offers top-rate journalism in an unbiased way.

The network doesn’t need another beancounter.