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Comcast to spin off cable assets
Comcast to announce spinoff of NBCUniversal's cable assets
Media giant Comcast is expected to announce Wednesday that it is spinning off many of its cable channel assets out of NBCUniversal, leaving it with more profitable NBC News and a handful of other outlets.
Comcast will spin off its cable channels, including MSNBC and CNBC
The $7 billion spinoff comes as traditional media companies grapple with the diminishing value of what was once an economic pillar of the entertainment business.
Comcast Greenlights $7 Billion Spinoff of NBCUniversal Cable Channels
The new venture will house channels like E!, USA and MSNBC, and Comcast is set to announce several leadership changes.
Deadline.com on MSN
26m
It’s Official: Comcast To Spin Off Cable Networks, Sees New Standalone Company As “Partner And Acquirer” Of Other Media Assets
Comcast
has formally unveiled plans to spin out most of its linear cable networks (except Bravo) to shareholders in a ...
24m
It’s Official: Comcast to Spin Off Cable Nets Under CEO Mark Lazarus, Vowing “New Growth Trajectory”
Structured as a tax-free spinoff to Comcast shareholders, the transaction is expected to take around a year to complete. The new networks entity’s ownership structure will mirror that of Comcast, ...
12h
on MSN
Comcast stock gains on report that NBCUniversal cable networks will be spun off
Comcast Corp. stock rose in after-hours trading Tuesday after the Wall Street Journal reported the company is expected to ...
Yahoo Finance
41m
Comcast Announces Intention to Create Leading Independent Media Business Through Spin-off of Select Cable Television Networks
Comcast
will continue its strategic focus on driving its core growth businesses, including residential broadband, wireless, ...
4h
on MSN
NBCUniversal Split: Comcast To Spin Off Cable Channels Under Mark Lazarus; Donna Langley Consolidates Power, NBC, Peacock & Bravo Stay Put
Donna Langley is in the NBCU driver's seat as the Comcast-owned company prepares to spinoff MSNBC & other cable channels ...
1d
Inside NBCUniversal And The Challenged Athletes Foundation’s ‘Wicked’ PSA
The PSA is airing on Comcast NBCUniversal networks and digital platforms in "donated media inventory," according to ...
1d
TNT's 'Inside the NBA' headed for ESPN and ABC after Warner Bros. Discovery settlement
Warner Bros. Discovery sued the NBA in July, claiming the league failed to allow the media company to use its so-called ...
Finanznachrichten
6d
Comcast Corporation: NBCUniversal Productions Earn Awards for Sustainability On-Screen and Behind the Scenes at the 2024 EMA Awards
NORTHAMPTON, MA / ACCESSWIRE / November 13, 2024 /
NBCUniversal
joined the 34 th Annual EMA Awards, an annual celebration ...
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