Comcast is carving off most of its cable channels. Will its new spinoff be a hunter or prey? The media giant last week put an upbeat spin on its move to shed what Wall Street sees as an albatross — ...
Comcast is officially cutting the cord on most of its cable networks. The company announced a plan Wednesday that will offload the bulk of NBCUniversal’s financially challenged cable portfolio — ...
Comcast will spin off many of its cable television networks that were once at the heart of the entertainment giant, with people increasingly swapping out their cable TV subscriptions for streaming ...
Comcast stock has had a rough year, down 15.73% over the past 12 months and 7.01% in the last six months. Comcast stock is trading below its 20-day, 50-day and 200-day moving averages, a clear sign ...
A spinoff of Comcast's cable network portfolio, as suggested by president Mike Cavanagh last week, could get the cable ...
When Comcast swallowed NBC and Universal Studios 14 years ago, the sibling cable channels USA Network, Bravo and CNBC were considered diamonds in the rough. USA Network had gained traction with its ...
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Seeing Comcast's move to spin off cable as just a name change and a sign the company wants out of cable networks is wrong. A history of smart moves by Comcast vs. bad ones favors the odds for a very ...
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Comcast, the nation’s largest cable company, announced a deal Thursday to buy Time Warner Cable in a blockbuster merger worth about $45 billion. The proposed deal will be intensely scrutinized by the ...