Comcast is carving off most of its cable channels. Will its new spinoff be a hunter or prey? The media giant last week put an upbeat spin on its move to shed what Wall Street sees as an albatross — ...
"A real opportunity to invest and build additional scale" and a "new growth trajectory." Those are some of the things the Brian Roberts-run Comcast promised on Wednesday in unveiling its plan to spin ...
Comcast is spinning off most of its NBCUniversal cable network portfolio, including USA, MSNBC and CNBC. The company chose the name Versant, not intended to be consumer-facing, to emphasize its role ...
Shares in Comcast, which are slightly in the red for the year to date, stayed mostly flat Wednesday but staged a late rally, climbing 1.6% to finish at $42.99. Details of the planned spin first ...
From TODAY to Saturday Night Live, the “30 Rock” building has become a symbol of all-things NBC. Until now, that included USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel. Come 2025, that ...
Note: This story, originally published Nov. 5, was updated on Nov. 20 to reflect Comcast’s formal plans to spin off its cable networks. Comcast is cutting the cord on its cable network portfolio – a ...
Comcast is cutting the cord on its declining cable network portfolio – including MSNBC, CNBC, USA, Oxygen, E!, Syfy and Golf Channel – and will spin off the assets into a standalone, publicly traded ...
The state's largest cable television company has shuffled its channel lineup, much to the dismay of some customers. Comcast dropped Oxygen, EWTN, truTV, CN8, NECN and the popular MSNBC from its ...
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 ...
When Comcast swallowed NBC and Universal Studios 14 years ago, the sibling cable channels USA Network, Bravo and CNBC were considered diamonds in the rough. USA Network had gained traction with its ...