An insider tells TheWrap that MSNBC and CNBC throw off $1 billion in profit, leaving dry powder for the new company to invest ...
Comcast CEO Brian Roberts sold $20.4 million worth of stock, representing a small portion of his holdings in the media and ...
The Tesla and SpaceX CEO turned Trump confidante has been publicly toying with buying the cable channel, which is not for ...
Whatever they end up being called, CNBC and MSNBC, plus existing carriage deals in place for the entertainment assets, should ...
Last week, Comcast announced a spinoff plan that would create a separate company, dubbed SpinCo, that would house CNBC, ...
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 ...
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 ...