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.
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).
Why Trump’s FCC pick and Comcast’s spinoff plans are no coincidence
The bull case for Comcast in its new form is equally compelling, in my opinion. Splitting off the cable stuff will give it a chance to grow. MSNBC and CNBC are still pretty profitable, and the new company, SpinCo, can use these profits to gain market share.
Comcast to spin off cable networks that were once the entertainment giant’s star performers
Comcast is spinning off many of NBCUniversal’s cable television networks, including USA Network, CNBC and MSNBC, into a separate public company.
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 ...
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Comcast looks to part ways with most cable channels (but not Bravo)
Comcast’s cable channel shake up could have industry wide ripple effects. Plus, Donna Langley is promoted to Chairman of ...
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 ...
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 ...
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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 ...
'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.
Comcast to Participate in UBS Investor Conference
Comcast Corporation (Nasdaq: CMCSA) announced that on Monday, December 9, 2024, Dave Watson, President and Chief Executive ...