An insider tells TheWrap that MSNBC and CNBC throw off $1 billion in profit, leaving dry powder for the new company to invest ...
Mark Lazarus described the new spinoff as entrepreneurial and flexible, one staffer told BI. The mood at the company seemed ...
MSNBC and CNBC — will no longer have any corporate connection to NBC News once a spinoff formally takes effect in about a ...
Whatever they end up being called, CNBC and MSNBC, plus existing carriage deals in place for the entertainment assets, should ...
Comcast's $7 billion deal comes with a slew of uncertainties that involve news, sports, entertainment and the cable business ...
In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish view of the future after ...
Comcast has announced Wednesday its intent to create a new publicly traded company comprised of a strong portfolio of ...
As for what happens next, the best thing SpinCo (yes, we’re going to keep calling it that) has going for it are its non-entertainment assets — MSNBC and CNBC. While MSNBC’s ratings post ...