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Comcast’s Cable Channels Spin-Off Gets Mixed Wall Street Reaction “We see a real opportunity to invest and build additional scale and I'm excited about the growth opportunities this transition ...
The Comcast spin-off, along with recent write-downs from Warner Bros. Discovery and Paramount, signal a “re-posturing of the linear network business,” said Scott Robson, a research analyst ...
Comcast telegraphed the shift last month, before confirming Wednesday that it will spin off assets that generated about $7 billion in revenue over the past 12 months ending Sept. 30.
Comcast will spin off many of its cable television networks that were once at the heart of the entertainment giant, with people increasingly swapping out their cable TV subscriptions for streaming ...
Comcast is moving forward with plans to spin off its NBCUniversal cable television networks including MSNBC and CNBC, sources say, shedding a once core part of the business that has been a ...
WASHINGTON — Comcast will spin off many of its cable television networks that were once at the heart of the entertainment giant, with people increasingly swapping out their cable TV ...
News of Comcast’s cable spin-off broke Tuesday, coming less than a month after the company told investors on Oct. 31 it was exploring the scenario.
Comcast officially announced Wednesday it would create a spin-off of several NBC networks, including left-leaning cable affiliate MSNBC, through a new company called "SpinCo." "Comcast Corporation ...
Comcast plans to spin off the bulk of its NBCUniversal cable networks, separating USA, MSNBC, E! and more from the NBC broadcast network ...
Comcast has formally unveiled plans to spin out most of its linear cable networks (except Bravo) to shareholders in a separate company, a move that President Mike Cavanagh said puts all of ...
What does the Comcast cable spin-off mean for TV viewers and streaming? Bravo stays with NBC, but other longtime cable networks like E!, USA and MSNBC will be part of a new company. November 20, 2024 ...
Comcast telegraphed the shift last month, before confirming Wednesday that it will spin off assets that generated about $7 billion in revenue over the past 12 months ending Sept. 30.