Comcast says its cable spinoff sets up declining networks for a rebound — and potential acquisitions. But SpinCo could also ...
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 ...
Comcast Corp is planning to spin off a large part of its NBCUniversal’s cable TV channels into a separate publicly traded ...
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 ...
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 ...
Whatever they end up being called, CNBC and MSNBC, plus existing carriage deals in place for the entertainment assets, should ...
The flagging cable network's prime time viewership has dropped 50.7% since Election Day, while CNN's has decreased nearly 40% ...
Elon Musk, Donald Trump Jr., and Joe Rogan have joked about the idea of buying MSNBC after Comcast's spinoff announcement.
Mark Lazarus described the new spinoff as entrepreneurial and flexible, one staffer said. The mood at the company seemed ...
Instead, he is moving MSNBC and a half dozen other cable channels into “SpinCo,” a pure-play cable programming company. The ...
The 469,515 Class A shares were awards of restricted stock units and options as part of his compensation in January and March ...