For Sale: One Used Weather Channel

For anyone with $5 billion dollars, the Weather Channel is for sale:

Landmark Communications Inc., parent of The Virginian-Pilot, has hired national investment firms to explore selling the Norfolk-based company, including The Pilot.

“I can confirm that Landmark Communications has retained investment banks JPMorgan and Lehman Brothers to assist in exploring strategic alternatives, including the possible sale of the company’s businesses,” said Richard F. Barry III, vice chairman of the company.

JPMorgan is advising Landmark on the sale of The Weather Channel, one of its largest properties, and Lehman Brothers is advising the company on the sale of its other media assets, Barry said.

The Weather Channel, based in Atlanta, is one of the last privately owned cable channels in the United States, and Landmark has been known in the past to brush aside offers for it. With its Web site weather.com, The Weather Channel and its related properties could bring more than $5 billion, a person close to the sale said.

I wish I could buy it just so I could throw that global warming kook off out of there.