AT&T Sells, Will Lease CNN Center

A Florida-based real estate company has purchased the iconic CNN Center in downtown Atlanta, but its current occupants are staying put. AT&T, which owns CNN as a result of its 2018 acquisition of Time Warner, will lease the building from its new owners for a “a number of years.” The deal comes as AT&T prepares to spin off WarnerMedia, whose holdings include CNN, and combine it with Discovery and its stable of networks.

WarnerMedia To Sell Atlanta’s CNN Center

WarnerMedia leadership told staffers Monday that the CNN Center in Atlanta will be sold, downplaying questions about whether the move signals impending layoffs.