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).
Opinion
Comcast’s Spinoff Plan Is Too Good to Ditch for Quick Cash
The media giant’s challenge now is to resist mediocre offers to buy its cable networks outright.
At Comcast’s Cable Networks, Staffers Express Uncertainty, Disappointment and Skepticism — but Also Optimism — About Looming Spin-Off
The mood of staffers at the NBCU cable networks Comcast intends to spin off is anxious and uncertain — but some are also cautiously optimistic.
Comcast to spin off cable networks that were once the entertainment giant's star performers
Comcast is spinning off into a new company many of its cable television networks that were once at the heart of the entertainment giant, as consumers increasingly swap out their cable TV subscriptions
Comcast to spin off some cable TV networks as streaming dominates
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 streaming era.
What does the Comcast cable spin-off mean for TV viewers and streaming?
Bravo stays with NBC, but other longtime cable networks such as E!, USA and MSNBC will be part of a new company.
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.
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Comcast (CMCSA) Outperforms Broader Market: What You Need to Know
In the latest market close, Comcast (CMCSA) reached $43.19, with a +1.48% movement compared to the previous day. This move outpaced the S&P 500's daily gain of 0.56%. Elsewhere, the Dow saw an upswing ...
Comcast CEO Brian Roberts Sells $20.4 Million in Company Stock
Brian Roberts, chairman and CEO of Comcast, has sold $20.4 million worth of shares in the media and cable giant, a small ...
'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.
Reuters10d
Comcast to proceed with plans to spin off its cable channels, sources say
Nov 19 (Reuters) - Comcast (CMCSA.O), opens new tab is moving forward with plans to spin off its NBCUniversal cable ...
Comcast CEO Brian Roberts Sells $20 Million in Stock
The 469,515 Class A shares were awards of restricted stock units and options as part of his compensation in January and March ...
Huron Daily Tribune on MSN2d
Comcast announces closure of Bad Axe store
Xfinity’s Bad Axe location will permanently close on Dec. 20. Learn about the impact on customers and employees, and ...
Comcast to Participate in UBS Investor Conference
Comcast Corporation (Nasdaq: CMCSA) announced that on Monday, December 9, 2024, Dave Watson, President and Chief Executive ...
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Behind Comcast's big TV deal: a bleak picture for once mighty cable industry
When Comcast swallowed NBC and Universal Studios 14 years ago, the sibling cable channels USA Network, Bravo and CNBC were ...