Is Comcast’s Cable Spinoff a Buyer or a Seller?
Comcast says its cable spinoff sets up declining networks for a rebound — and potential acquisitions. But SpinCo could also be an M&A target.
Comcast Plans To Spin Off Its Cable Networks And Digital Assets
Comcast Corp is planning to spin off a large part of its NBCUniversal’s cable TV channels into a separate publicly traded company (SpinCo).
Whoa, Comcast really did offload most of its cable properties
On Wednesday, Comcast announced the birth of a new independent company currently called “SpinCo,” which will be a “tax free spin-off” composed of several NBCU cable networks: MSNBC, CNBC, USA Network,
At Comcast's Cable Networks, Staffers Express Uncertainty, Disappointment and Skepticism - but Also Optimism - About Looming Spin-Off
NBCU execs past and present feel a bit resigned to the fact that the halcyon days of cable TV are over, and that it's all about managing a slowly dying business at this point. No
'How much does it cost?' Elon Musk riffs on buying MSNBC after Comcast spinoff news
Elon Musk, Donald Trump Jr., and Joe Rogan have joked about the idea of buying MSNBC after Comcast's spinoff announcement.
Comcast’s cable networks spinoff raises questions about future of the TV business
Comcast just jump-started a new season of major change across the television industry. And no one quite knows what will happen next.
Comcast announces spin-off of NBCUniversal cable networks, including MSNBC
Comcast officially announced its plans for a spinoff company comprised of NBCUniversal's cable TV networks and more on Wednesday.
Comcast spins off its cable channels into separate company as it looks for growth
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 Announces Spin-Off of Most Cable Networks Into New Company to ‘Set These Businesses Up for Future Growth,’ CEO Brian Roberts Says
Comcast is officially cutting the cord on most of its cable networks. The company announced a plan Wednesday that will offload the bulk of NBCUniversal’s financially challenged cable portfolio — excluding Bravo — into a new entity owned by Comcast shareholders.
Comcast Cable Spinoff Is Historic Turning Point for TV Advertising
With streaming ads poised for rapid expansion, the move will hasten advertisers’ exodus away from cable almost altogether.
Comcast CEO Brian Roberts Sells $20 Million in Stock
The 469,515 Class A shares were awards of restricted stock units and options as part of his compensation in January and March ...
Welcome to SpinCo
As for what happens next, the best thing SpinCo (yes, we’re going to keep calling it that) has going for it are its ...
Comcast CEO Brian Roberts Sells $20.4 Million in Company Stock
Brian Roberts, chairman and CEO of Comcast, has sold $20.4 million worth of shares in the media and cable giant, a small ...
MSNBC Stays in Its Bubble and Celebrates SpinCo as Viewers Flee
An insider tells TheWrap that MSNBC and CNBC throw off $1 billion in profit, leaving dry powder for the new company to invest ...