Media industry in U.S undergoes massive disruption: Comcast announces spinoff of CNBC, MSNBC, could eventually sell the channels
Comcast is taking a dramatic step to reshape its business in the face of a rapidly evolving media landscape. The company is exploring a spinoff of its major cable networks, including CNBC, MSNBC, and Bravo,
Comcast to proceed with plans to spin off its cable channels, sources say
Comcast is moving forward with plans to spin off its NBCUniversal cable television networks including MSNBC and CNBC, sources say, shedding a once core part of the business that has been a casualty of the streaming video revolution.
Comcast is expected to announce a spinoff of cable networks on Wednesday. The spinoff includes CNBC, MSNBC and E!, but Bravo ...
Comcast has formally unveiled plans to spin out most of its linear cable networks (except Bravo) to shareholders in a ...
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Structured as a tax-free spinoff to Comcast shareholders, the transaction is expected to take around a year to complete. The new networks entity’s ownership structure will mirror that of Comcast, ...
Comcast is moving forward with plans to spin off its NBCUniversal cable television networks including MSNBC and CNBC, ...
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