An insider tells TheWrap that MSNBC and CNBC throw off $1 billion in profit, leaving dry powder for the new company to invest ...
Comcast says its cable spinoff sets up declining networks for a rebound — and potential acquisitions. But SpinCo could also ...
As for what happens next, the best thing SpinCo (yes, we’re going to keep calling it that) has going for it are its ...
Comcast Corp is planning to spin off a large part of its NBCUniversal’s cable TV channels into a separate publicly traded ...
The network’s audience has declined since the Nov. 5 election, as viewers have tuned out. Its parent company is spinning it ...
The mood of staffers at the NBCU cable networks Comcast intends to spin off is anxious and uncertain — but some are also ...
Elon Musk, Donald Trump Jr., and Joe Rogan have joked about the idea of buying MSNBC after Comcast's spinoff announcement.
The flagging cable network's prime time viewership has dropped 50.7% since Election Day, while CNN's has decreased nearly 40% ...
The 469,515 Class A shares were awards of restricted stock units and options as part of his compensation in January and March ...
BofA analyst Jessica Reif Ehrlich raised the firm’s price target on Warner Bros. Discovery (WBD) to $14 from $12 and keeps a Buy rating on the ...
Elon Musk has called MSNBC “the utter scum of the Earth.” He has said the channel “peddles puerile propaganda.” Just a few ...
Matt Belloni, founding partner of Puck, joins CNBC's 'Squawk Box' to discuss Comcast spinning off its cable networks, the future of TV and the media industry, and more.