US20030N1019 - Common Stock
Comcast was supposed to have a solid broadband business to fall back on, but even that's in trouble.
The biggest news stories this morning: There's a new Echo Show in town, we get you all the best Black Friday deals and Comcast's (kinda) ditching cable.
The cable-TV networks business being spun off by Comcast Corp. will explore acquiring other cable channels and creating its own streaming services to grow after separating from its parent.
Comcast may be proceeding with a transaction as a signal to the rest of the media industry that consolidation is necessary.
Comcast spun off its cable networks but made a head-turning decision to keep reality-TV maker Bravo. Media analysts share what's behind that move.
Comcast to spin off USA, CNBC, MSNBC, and others, will keep Peacock streaming.
Comcast announced it would spin off most of its cable networks, including CNBC, into a separate entity.
Cable television has long been viewed as a stagnant business, showing little promise for growth over the years. However, Comcast believes it has found a Comcast is spinning off NBCUniversal’s cable television networks into a separate publicly traded company.
Comcast is spinning out Rotten Tomatoes, Fandango and some cable networks into a separate company. The new business will also be home to the likes of MSNBC and SYFY.
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Comcast CEO Brian Roberts doesn't want his cable TV networks like CNBC, MSNBC, and USA anymore. It's essentially a garage sale as people cut the cord.
NBCUniversal channels will be housed under a new company.
Comcast Corp. plans to spin off cable-TV channels including MSNBC, CNBC and USA, following through on plans first announced last month.
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.
Here are five key things investors need to know to start the trading day.
Comcast plans to break off some of its NBCUniversal cable channels, including MSNBC, CNBC, E!, Oxygen, and the Golf Channel, the WSJ reported.
Comcast is planning to announce the spinoff of its cable networks, including CNBC, MSNBC and E!, on Wednesday, according to a source familiar with the matter.
Comcast Corp. plans to spin off cable-TV channels including MSNBC and USA as it looks to reduce its exposure to a business that’s losing viewers and advertisers.
NASDAQ:CMCSA may be ready to breakout.