According to an article from the NYPost, the CNN Center in Atlanta is now ready to be sold.
The network, which some people are now calling the Communist News Network, had set up this office campus by Ted Turner in the early 1980s and it’s time is apparently up.
“Downtown Atlanta has seen great investment and is quickly becoming an entertainment destination,” Pascal Desroches, chief financial officer at WarnerMedia, said in a memo to staff. “The CNN Center is of great value to a third party that specializes in such developments.”
This particular building “The CNN Center” has both offices and retail space in it.
The exiting of the CNN employees will be a gradual process and the company said it plans to lease the CNN Center offices for five years during the move to the “Techwood” campus.
The sale has been under consideration for a while now, but was put on hold with the merger with AT&T.
Many of the prime-time operations are produced at the offices in NY in the Hudson Yards development. However many daytime programs and CNN’s worldwide network, are produced out of Atlanta.
In his memo, Desroches stressed that the move should in no way suggest that WarnerMedia is less committed to Atlanta, noting renovations have already taken place in the Techwood offices.
“We feel the long-term benefit of being in one location will be a more collaborative workforce,” he wrote.