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.
An insider tells TheWrap that MSNBC and CNBC throw off $1 billion in profit, leaving dry powder for the new company to invest ...
Brian Roberts, chairman and CEO of Comcast, has sold $20.4 million worth of shares in the media and cable giant, a small ...
Elon Musk, Donald Trump Jr., and Joe Rogan have joked about the idea of buying MSNBC after Comcast's spinoff announcement.
Last week, Comcast announced a spinoff plan that would create a separate company, dubbed SpinCo, that would house CNBC, ...
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 ...
As Comcast readies a sale of its legacy media outlet, the rightwing billionaire has mused about an acquisition.
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Mark Lazarus described the new spinoff as entrepreneurial and flexible, one staffer said. The mood at the company seemed ...
He may have been joking. Or not. There are multiple reality checks. Stelter, in a piece for CNN, explores the Musk chatter ...
Wondering why Elon Musk is joking about buying MSNBC? The tech billionaire has stirred up online chatter with his latest ...
With President-elect Donald Trump’s “First Buddy” Elon Musk teasing the possibility of purchasing liberal cable news channel ...
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