An insider tells TheWrap that MSNBC and CNBC throw off $1 billion in profit, leaving dry powder for the new company to invest ...
Comcast CEO Brian Roberts sold $20.4 million worth of stock, representing a small portion of his holdings in the media and ...
The Tesla and SpaceX CEO turned Trump confidante has been publicly toying with buying the cable channel, which is not for ...
5don MSN
Whatever they end up being called, CNBC and MSNBC, plus existing carriage deals in place for the entertainment assets, should ...
Last week, Comcast announced a spinoff plan that would create a separate company, dubbed SpinCo, that would house CNBC, ...
Instead, he is moving MSNBC and a half dozen other cable channels into “SpinCo,” a pure-play cable programming company. The ...
4don MSN
Mark Lazarus described the new spinoff as entrepreneurial and flexible, one staffer said. The mood at the company seemed ...
Comcast’s spinoff of its properties signals the accelerating decline of traditional TV—and a brutal reckoning for the media ...
The mood of staffers at the NBCU cable networks Comcast intends to spin off is anxious and uncertain — but some are also ...
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