Cable television has long been viewed as a stagnant business, showing little promise for growth over the years. However, Comcast believes it has found a new growth opportunity. On Wednesday, the ...
Comcast is planning to spin off most of its cable television networks, including MSNBC and CNBC, into a separate publicly traded company, according to executives with knowledge of the plan. The ...
Comcast said on Wednesday that it plans to spin-off the bulk of its fading NBCUniversal cable TV networks, including MSNBC and CNBC, as the company said it is repositioning itself for growth in the ...
Comcast Corp. plans to spin off cable-TV channels including MSNBC, CNBC and USA, following through on plans first announced last month. The NBC broadcast network and Peacock streaming TV business will ...
Comcast just jump-started a new season of major change across the television industry. And no one quite knows what will happen next. On Wednesday morning, the media giant confirmed that it is spinning ...
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 ...
In a move that could portend more changes in the declining business of traditional television, Comcast, the parent company of NBC, announced plans Wednesday morning to break off several of its cable ...
Key Takeaways Versant shares tumbled in their first day of trading on Monday.The group of cable channels and digital ...
The newly separate company owns well-known channels like CNBC and MS NOW, but it lacks the distribution power of streaming ...
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 — ...
‘SpinCo’ will be an ‘independent’ publicly traded company owning NBCUniversal unit’s cable channels, digital assets When you purchase through links on our site, we may earn an affiliate commission.
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