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 ...
Though the media company has declined to comment on the reporting, it looks like Comcast is doing more than just investigating the idea of breaking off a good chunk of its cable assets. First ...
Britain Prime Minister Keir Starmer is interviewed by Andrew Ross Sorkin during CNBC "Squawk Box" financial program on Thursday, Sept. 26, 2024 in New York, New York. Leon Neal / AP Comcast Corp.
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 — ...
Note: This story, originally published Nov. 5, was updated on Nov. 20 to reflect Comcast’s formal plans to spin off its cable networks. Comcast is cutting the cord on its cable network portfolio – a ...
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 ...
Comcast (CMCSA) isoffloading offmost of its cable properties. And it's likely others in the industry will make similar moves. The legacy media giant announced the spin-off on Wednesday after teasing ...