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.
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 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.
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.
Comcast: Spinoffs Don't Solve The Problems
Comcast's decision to spin off cable networks like MSNBC and CNBC aims to free up cash, but may invite more competition. Read why CMCSA stock is a Sell.
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.
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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 ...
At Comcast's Cable Networks, Staffers Express Uncertainty, Disappointment and Skepticism - but Also Optimism - About Looming Spin-Off
NBCU execs past and present feel a bit resigned to the fact that the halcyon days of cable TV are over, and that it's all ...
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 ...
Comcast Just Made Major Changes. Here’s What That Means For Your Streaming Subscriptions.
This week, Comcast announced a plan to spin off many of its NBC Universal cable TV networks, such as E! and MSNBC. Given the ...
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 ...