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).
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 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.
After Comcast Cable Spinoff, NBCUniversal Will Have To Develop Some New Sports Muscles
With Comcast spinning off cable assets, NBCUniversal will need to develop some new corporate muscles in order to maintain the mojo of the Paris Olympics.
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 ditch cable TV networks in partial spinoff of NBCUniversal assets
The spinoff company will be "comprised of a strong portfolio of NBCUniversal's cable television networks, including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel along with complementary digital assets including Fandango and Rotten Tomatoes, GolfNow and Sports Engine," Comcast said today.
Comcast To Spin Off NBCUniversal Cable Channels
Comcast said Wednesday that it is planning to spin off its NBCUniversal cable TV networks, including channels like MSNBC, CNBC, and E!, carving out a business that has been hurt by cord cutting and the rise of streaming.
Comcast announces spinoff of NBCUniversal's cable assets
Media giant Comcast officially announced on Wednesday that it is spinning off some of its most well-known cable-oriented outlets from NBCUniversal.
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-NBCUniversal Cable Split Draws Mixed Reaction From Wall Street; Stock Stages Late Rally To Post Slim Gain – Update
Comcast's decision to spin off NBCUniversal cable networks has drawn some applause but also some skepticism among Wall ...
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 stock gains on report that NBCUniversal cable networks will be spun off
Comcast Corp. stock rose in after-hours trading Tuesday after the Wall Street Journal reported the company is expected to ...
'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's Bold Move to Slim Down NBCUniversal Sets It Up for a Streaming-Focused Future | Analysis
The move is designed to position NBCUniversal for future growth, jettisoning the assets that are dragging down share value ...
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 ...
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Comcast enters its spin-off era; ‘Wicked’ creators on adapting the smash hit musical for the big screen
Comcast is set to spin off a slew of cable channels including E!, SYFY, MSNBC, and CNBC. What’s behind the move? Plus, the ...
Comcast is offloading its cable properties. Other media companies could do the same.
Comcast will maintain ownership of its NBC broadcast network, including NBC News, along with its Peacock streaming service.