Comcast Corp (NASDAQ: CMCSA, $43.20; Market Capitalization: $165.3 billion), a massive conglomerate that provides broadband services, operates theme parks and a media company that includes NBC and ...
Comcast is officially cutting the cord on most of its cable networks. The company announced a plan Wednesday that will offload the bulk of NBCUniversal’s financially challenged cable portfolio — ...
“We see a real opportunity to invest and build additional scale and I'm excited about the growth opportunities this transition will unlock," Mark Lazarus, who will lead the new firm, promised. By ...
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 casualty of ...
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 to spin out cable networks including MSNBC, CNBC Company will retain NBC, film and TV studios, theme parks and Peacock streaming service Spin-off is expected to take about a year Nov 20 ...
Comcast will spin off many of NBCUniversal’s cable television networks, including USA Network, CNBC and MSNBC, into a separate public company. The shift, which comes as more and more people opt for ...
Comcast is planning to spin off most of its cable television networks, including MSNBC and CNBC, into a separate publicly traded company, according to executives with knowledge of the plan. The ...
Comcast jettisoning most of its cable networks will likely accelerate the migration of ad dollars to streaming There is very little upside for advertising on cable networks separated from the ...
MSNBC, CNBC, Syfy, E!, Oxygen, Golf Channel and USA Network will move to a spinoff company, while Bravo will stay with NBCUniversal. By Erik Hayden Executive Editor, Business In a sign of just how ...
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