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 to Spin Off Rotten Tomatoes, Fandango, and Cable Networks Into a New Public Company
Comcast is restructuring its portfolio by spinning off a group of NBCUniversal’s cable networks and digital assets into a new independent, publicly traded company. The move, announced Wednesday, includes channels such as MSNBC,
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.
Comcast’s cable networks spinoff raises questions about future of the TV business
Comcast just jump-started a new season of major change across the television industry. And no one quite knows what will happen next.
Comcast announces spin-off of NBCUniversal cable networks, including MSNBC
Comcast officially announced its plans for a spinoff company comprised of NBCUniversal's cable TV networks and more on Wednesday.
Comcast to Spin Off Cable Channels MSNBC, USA
Comcast Corp. plans to spin off cable-TV channels including MSNBC, CNBC and USA, following through on plans first announced last month.
Comcast Greenlights $7 Billion Spinoff of NBCUniversal Cable Channels
The new venture will house channels like E!, USA and MSNBC, and Comcast also announced several leadership changes.
Comcast plans to spin off its cable networks. What's next for MSNBC?
Comcast plans to shed its cable TV channels, including MSNBC. What are the fortunes these days of the liberal news channel?
Wall Street Journal: Comcast to Spin Off NBCUniversal Cable Channels Into New Company in $7B Venture
Comcast has officially announced plans to move forward on a venture to spin off its NBCUniversal cable TV networks into a new standalone company, writes Amol Sharma for The Wall Street Journal. After first revealing last month that the media conglomerate was contemplating the idea,
Comcast to ditch cable TV networks in partial spinoff of NBCUniversal assets
The entities in the planned spinoff generated about $7 billion of revenue in the 12 months that ended September 30, 2024, Comcast said. But cable TV channels have become less lucrative in an industry that's shifting to the streaming model,
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 the cable television networks that were once at the entertainment giant's heart as consumers increasingly swap out their cable TV subscriptions for streaming platforms.
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 ...
'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.
Whoa, Comcast really did offload most of its cable properties
On Wednesday, Comcast announced the birth of a new independent company currently called “SpinCo,” which will be a “tax free ...
Welcome to SpinCo
As for what happens next, the best thing SpinCo (yes, we’re going to keep calling it that) has going for it are its ...
MSNBC Stays in Its Bubble and Celebrates SpinCo as Viewers Flee
An insider tells TheWrap that MSNBC and CNBC throw off $1 billion in profit, leaving dry powder for the new company to invest ...
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Comcast unveils SpinCo as a stand-alone media powerhouse
Comcast Corporation (NASDAQ: CMCSA) announced Wednesday plans to spin off several major cable television networks and digital properties into an independent media company called SpinCo ...
Comcast Announces Spin-Off of Most Cable Networks Into New Company to ‘Set These Businesses Up for Future Growth,’ CEO Brian Roberts Says
Comcast is officially cutting the cord on most of its cable networks. The company announced a plan Wednesday that will ...
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Comcast is offloading its cable properties. Other media companies could do the same.
The spun-off company, dubbed SpinCo for now, will house most of NBCUniversal’s cable television networks, including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY, and the Golf Channel. Comcast will ...
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What will happen to CNBC and MSNBC after Comcast’s corporate split?
Comcast’s corporate reorganization means that there will ... is becoming CEO of the newly-formed company of cable networks, ...