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).
'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.
At Comcast's Cable Networks, Staffers Express Uncertainty, Disappointment and Skepticism - but Also Optimism - About Looming Spin-Off
NBCU execs past and present feel a bit resigned to the fact that the halcyon days of cable TV are over, and that it's all about managing a slowly dying business at this point. No
Comcast to Spin Off Cable Nets Under CEO Mark Lazarus, Touting “New Growth Trajectory,” Deals
NBCUniversal CFO Anand Kini will become CFO and COO of the new channels company, helping Lazarus develop "an independent strategy" and establishing it "as a potential partner and acquirer."
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 why CMCSA stock is a Sell.
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 ...
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 ...
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 ...
Could Elon Musk X-ify MSNBC? Don't Bet On It
The Tesla and SpaceX CEO turned Trump confidante has been publicly toying with buying the cable channel, which is not for ...
CNBC's new boss reassured staffers jittery over their network getting spun off: 'Predator, not prey'
Mark Lazarus described the new spinoff as entrepreneurial and flexible, one staffer said. The mood at the company seemed ...
CelebrityNetWorth20h
Rachel Maddow Renews MSNBC Contract But With A $5 Million Pay Cut
MSNBC is going through some rough times, and even its biggest ratings star, Rachel Maddow, isn't immune to some ...
AOL1d
Elon Musk floats buying MSNBC, but he’s not the only billionaire who may be interested
Instead, he is moving MSNBC and a half dozen other cable channels into “SpinCo,” a pure-play cable programming company. The ...
No, Rachel Maddow did not have a tearful meltdown reading Musk’s tweet about buying MSNBC
With President-elect Donald Trump’s “First Buddy” Elon Musk teasing the possibility of purchasing liberal cable news channel ...