Comcast to Spin Off Cable Nets Under CEO Mark Lazarus, Touting “New Growth Trajectory,” Deals
NBCUniversal CFO Anand Kini will become CFO and COO of the new channels company, helping Lazarus develop "an independent strategy" and establishing it "as a potential partner and acquirer."
Comcast to spin off cable networks, once star performers at the entertainment giant
Comcast is spinning off many of NBCUniversal's cable television networks, including USA Network, CNBC and MSNBC, into a separate public company.
Media shakeup: Comcast to spin off cable channels MSNBC, USA as ‘cord cutting’ grows
Comcast will spin off many of NBCUniversal's cable television networks, including USA Network, CNBC and MSNBC, into a separate public company. The shift, which comes as more and more people opt for streaming services over traditional cable,
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 Announces Intent To Create Spin-Off Of Select Cable Networks Including USA Network
Comcast Corporation has announced its intention to create a new publicly traded company comprised of a strong portfolio of NBCUniversal’s cable television networks, including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel. USA Network is the current home of WWE SmackDown and WWE Raw. WWE Raw will move to Netflix in January 2025.
Comcast to spin off cable networks
Those one-time stars for Comcast's NBCUniversal cable television networks include USA, Oxygen, E!, SYFY and Golf Channel, as well as CNBC and MSNBC. Movie ticketing platform Fandango and the Rotten Tomatoes movie rating site would also become part of the new company.
Comcast to spinoff MSNBC, more cable brands into new company
Comcast, the parent company of NBCUniversal, is announcing a major shakeup in some of its key assets. The company is expected to spin off its cable networks into a separate company and would cleave off some of NBCUniversal’s best-known brands,
Comcast to Unveil Spinoff Plan for Cable Networks
MSNBC, CNBC, Syfy, E!, Oxygen, Golf Channel and USA Network will move to a spinoff company, while Bravo will stay with NBCUniversal.
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 ...
Comcast Spins Off MSNBC, CNBC, USA Network, E!, Syfy, Fandango, and Rotten Tomatoes to Form New Company
Comcast is spinning off MSNBC, CNBC, USA Network, E!, Syfy, Fandango, and Rotten Tomatoes to form a new company.
Comcast announces plan to spin off TV networks including MSNBC, CNBC to play 'offense' in new media landscape
The yet-to-be-named SpinCo will house most of NBCUniversal’s cable television networks, including USA Network, CNBC, MSNBC, ...
Donna Langley Elevated at NBCUniversal in C-Suite Shake Up Connected to Cable Spinoff
One big winner will be NBCUniversal Studio Group chairman and chief content officer Donna Langley, who will take on added ...
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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 ...
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Comcast To Spin Off Cable Channels Including MSNBC, CNBC, More
Comcast announced its intention to spin off a number of cable channels into a new publicly traded company.
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Oladips: Drama as Nigerians Mark One-year Anniversary of Rapper Reportedly Dying and Resurrecting
Nigerian rapper Oladips is trending on social media as Nigerians dropped messages about him to mark one year since he ...