Is Comcast’s Cable Spinoff a Buyer or a Seller?
Comcast says its cable spinoff sets up declining networks for a rebound — and potential acquisitions. But SpinCo could also be an M&A target.
Comcast Plans To Spin Off Its Cable Networks And Digital Assets
Comcast Corp is planning to spin off a large part of its NBCUniversal’s cable TV channels into a separate publicly traded company (SpinCo).
Comcast's cable network spinoff may be a signal to the media industry for necessary change
Comcast may be proceeding with a transaction as a signal to the rest of the media industry that consolidation is necessary.
Why Trump’s FCC pick and Comcast’s spinoff plans are no coincidence
The bull case for Comcast in its new form is equally compelling, in my opinion. Splitting off the cable stuff will give it a chance to grow. MSNBC and CNBC are still pretty profitable, and the new company, SpinCo, can use these profits to gain market share.
Comcast to spin off cable networks that were once the entertainment giant's star performers
Comcast is spinning off into a new company many of its cable television networks that were once at the heart of the entertainment giant, as consumers increasingly swap out their cable TV subscriptions
Comcast to spin off some cable TV networks as streaming dominates
Comcast said on Wednesday that it plans to spin-off the bulk of its fading NBCUniversal cable TV networks, including MSNBC and CNBC, as the company said it is repositioning itself for growth in the streaming era.
Comcast’s cable networks spinoff raises questions about future of the TV business
On Wednesday morning, the media giant confirmed that it is spinning off most of its cable channels, including MSNBC and CNBC, into a separate publicly traded company. The new company doesn’t have a formal name yet — Comcast is simplycalling it “SpinCo” — a suitable label since employees’ heads are spinning with questions.
What does the Comcast cable spin-off mean for TV viewers and streaming?
Bravo stays with NBC, but other longtime cable networks such as E!, USA and MSNBC will be part of a new company.
Comcast Cable Spinoff Is Historic Turning Point for TV Advertising
With streaming ads poised for rapid expansion, the move will hasten advertisers’ exodus away from cable almost altogether.
Comcast CEO Brian Roberts Sells $20.4 Million in Company Stock
Comcast CEO Brian Roberts sold $20.4 million worth of stock, representing a small portion of his holdings in the media and ...
'How much does it cost?' Elon Musk riffs on buying MSNBC after Comcast spinoff news
Elon Musk, Donald Trump Jr., and Joe Rogan have joked about the idea of buying MSNBC after Comcast's spinoff announcement.
Comcast: Spinoffs Don't Solve The Problems
Comcast's decision to spin off cable networks like MSNBC and CNBC aims to free up cash, but may invite more competition. Read ...
Behind Comcast's big TV deal: a bleak picture for once mighty cable industry
“Comcast is accelerating this pressure [in the cable business] with its success with Peacock, which makes the legacy pay-TV ...
At Comcast’s Cable Networks, Staffers Express Uncertainty, Disappointment and Skepticism — but Also Optimism — About Looming Spin-Off
The mood of staffers at the NBCU cable networks Comcast intends to spin off is anxious and uncertain — but some are also ...
Comcast Just Made Major Changes. Here’s What That Means For Your Streaming Subscriptions.
This week, Comcast announced a plan to spin off many of its NBC Universal cable TV networks, such as E! and MSNBC. Given the ...
Comcast to Participate in UBS Investor Conference
Comcast Corporation (Nasdaq: CMCSA) announced that on Monday, December 9, 2024, Dave Watson, President and Chief Executive ...
The rise of digital voices, and Comcast splitting in two, brings doomsday predictions for traditional media
Comcast confirmed it's spinning off nearly all of its cable properties, which include CNBC and MSNBC, raising questions about ...