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).
Comcast's cable network spinoff may be a signal to the media industry for necessary change
Comcast may be proceeding with a transaction as a signal to the rest of the media industry that consolidation is necessary.
Comcast to Spin Off Rotten Tomatoes, Fandango, and Cable Networks Into a New Public Company
Comcast is restructuring its portfolio by spinning off a group of NBCUniversal’s cable networks and digital assets into a new independent, publicly traded company. The move, announced Wednesday, includes channels such as MSNBC,
'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 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."
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,
Comcast to ditch cable TV networks in partial spinoff of NBCUniversal assets
The spinoff company will be "comprised of a strong portfolio of NBCUniversal's cable television networks, including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel along with complementary digital assets including Fandango and Rotten Tomatoes, GolfNow and Sports Engine," Comcast said today.
Comcast Offloads Cable Channels Into New Company Called SpinCo
Comcast has announced Wednesday its intent to create a new publicly traded company comprised of a strong portfolio of NBCUniversal's cable television networks into a new company called SpinCo.
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: Spinoffs Don't Solve The Problems
Comcast's decision to spin off cable networks like MSNBC and CNBC aims to free up cash, but may invite more competition. Read why CMCSA stock is a Sell.
Comcast CEO Brian Roberts Sells $20.4 Million in Company Stock
Comcast CEO Brian Roberts sold $20.4 million worth of stock, representing a small portion of his holdings in the media and ...
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Comcast unveils SpinCo as a stand-alone media powerhouse
Comcast Corporation (NASDAQ: CMCSA) announced Wednesday plans to spin off several major cable television networks and ...
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 ...
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 ...
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 ...
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MSNBC's future a 'big concern' for staffers as Comcast moves to separate liberal network from NBCUniversal
The assets set to make up SpinCo generated roughly $7 billion in revenue over the last 12 months and Comcast hopes to ...