An insider tells TheWrap that MSNBC and CNBC throw off $1 billion in profit, leaving dry powder for the new company to invest ...
The mood of staffers at the NBCU cable networks Comcast intends to spin off is anxious and uncertain — but some are also ...
Whatever they end up being called, CNBC and MSNBC, plus existing carriage deals in place for the entertainment assets, should ...
The 469,515 Class A shares were awards of restricted stock units and options as part of his compensation in January and March ...
BofA analyst Jessica Reif Ehrlich raised the firm’s price target on Warner Bros. Discovery (WBD) to $14 from $12 and keeps a Buy rating on the ...
Instead, he is moving MSNBC and a half dozen other cable channels into “SpinCo,” a pure-play cable programming company. The ...
Prime time has gotten ugly for MSNBC. The struggling news network has lost more than half of its audience since Election ...
Last week, Comcast announced a spinoff plan that would create a separate company, dubbed SpinCo, that would house CNBC, ...
Mark Lazarus described the new spinoff as entrepreneurial and flexible, one staffer said. The mood at the company seemed ...
With President-elect Donald Trump’s “First Buddy” Elon Musk teasing the possibility of purchasing liberal cable news channel ...