With streaming ads poised for rapid expansion, the move will hasten advertisers’ exodus away from cable almost altogether.
Bravo stays with NBC, but other longtime cable networks such as E!, USA and MSNBC will be part of a new company.
Comcast Corp. plans to spin off cable-TV channels including MSNBC, CNBC and USA, following through on plans first announced ...
On Wednesday morning, the media giant confirmed that it is spinning off most of its cable channels, including MSNBC and CNBC, ...
We see a real opportunity to invest and build additional scale and I'm excited about the growth opportunities this transition will unlock," Mark Lazarus, who will lead the new firm, promised.
So will Bravo, a cable channel with reality TV shows that are popular on streaming. The new publicly traded company will include digital assets such as Fandango and Rotten Tomatoes through a tax ...
(Bloomberg) -- Comcast Corp. plans to spin off cable-TV channels including MSNBC, CNBC and USA, according a person a familiar with the company’s plans, reducing its exposure to a business that ...
Comcast is considering a spinoff its cable channels into a publicly traded company — is a rollup of misfit cable brands next? By Alex Weprin Media & Business Writer Comcast Corp. opened its ...
Comcast to spin out cable networks ... "The pay TV bundle had a great 30-year plus run," said Jon Miller, CEO of Integrated Media which specializes in digital media investments.
The spinoff company will be composed of the remainder of the cable channels, including MSNBC, CNBC, USA, Oxygen, Syfy, E! and the Golf Channel as well as digital properties, including Rotten ...
Comcast said on Wednesday that it plans to spin-off the bulk of its fading NBCUniversal cable TV networks ... Integrated Media which specializes in digital media investments.