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John Catsimatidis

All articles tagged with #john catsimatidis

Kimberly Guilfoyle's Diplomatic Drama: Apologies, Rumors, and Controversies
politics1 year ago

Kimberly Guilfoyle's Diplomatic Drama: Apologies, Rumors, and Controversies

Kimberly Guilfoyle, nominated as Ambassador to Greece, is attempting to mend relations with Greek billionaire John Catsimatidis after past comments labeling Greeks as 'freeloaders' resurfaced. Guilfoyle praised Catsimatidis and Greece during an interview, expressing her admiration and desire to serve as ambassador. The interview also touched on topics like U.S. politics and economic issues, with Catsimatidis criticizing the Biden administration. Guilfoyle's relationship with Donald Trump Jr. remains unclear amid her diplomatic aspirations.

business2 years ago

NYC Grocery Billionaire Offers to Buy and Run CNN for $1 per Year

John Catsimatidis, the chairman and CEO of grocery chains Gristedes Foods and D'Agostino Supermarkets, has expressed interest in purchasing CNN from Warner Bros. Discovery for just $1 per year and a share of the upside. Catsimatidis believes he can quadruple CNN's viewership and double its profits by making the content more bipartisan. However, his lack of televised media experience and partisan views raise doubts. While CNN's parent company has faced financial struggles, including declining viewership and turnover in the C-suite, the network is not currently for sale, and there are no indications that Warner Bros. Discovery intends to sell the brand.