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Comcast Exploring Spinoff of NBCU Cable Networks Into New Company
Comcast is considering spinning off NBCUniversal's portfolio of cable networks into a new publicly traded company, president Mike Cavanagh said.
Comcast Mulls Spinning Off Cable TV Business
Comcast on Thursday said in its third-quarter earnings call that it is considering spinning off its cable network portfolio into a separate company.
Comcast Looking At Forming A New Stand-Alone Company For Its Cable Networks, President Mike Cavanagh Says
On its third-quarter earnings call with Wall Street analysts, Comcast said it is exploring creating a new stand-alone entity to house its cable networks.
Comcast And Their Cable Nets Spin-Off: What’s Next
After Comcast announced a potential spin-off of its cable networks, where might Comcast go next and what are the implications?
Why a possible spinoff of Comcast’s cable networks is drawing cheers
Analysts think Comcast’s sprawling empire could get more investor respect without its troubled cable networks, and the networks could benefit from being on their own as well.
Comcast weighs spin-off of declining cable networks after strong third quarter
Comcast said it was considering spinning off its cable networks that include CNBC and MSNBC into a separate company, as the media industry grapples with a decline in traditional TV viewership due to cord-cutting by consumers shifting to streaming.
The King of Cable No Longer Wants to Own Cable Networks
Comcast will explore spinning off its cable networks. It’s the opening step in restructuring of one of the world’s largest media companies.
Comcast May Spin Off Its Cable Networks into Standalone Company
Comcast is contemplating the prospect of spinning off its cable networks into its own, standalone company, writes Ryan Mulligan for the Philadelphia Business Journal. The Philadelphia media and technology conglomerate is also open to partnerships with its streaming platform,
1d
Comcast Has Major Threats Ahead
Comcast faces significant portfolio threats, making it a poor investment despite a nearly 3% dividend yield. See why CMCSA ...
CNBC on MSN
6d
Comcast is exploring separation of cable networks business
Comcast has begun to explore a separation of its cable networks business.During Thursday's earnings call with investors, Mike ...
5d
Why Wall Street is skeptical about Comcast's proposal to ditch its cable networks and pair Peacock with a competitor
Comcast is exploring life without its cable networks and may pair Peacock with a rival. But Wall Street analysts aren't ...
6d
NBC lost a lot of money amid the Olympics, and Comcast is mulling splitting up the company
Revenue was up but profit was down overall at Comcast (via Variety), and the Olympics provided a major boost for Peacock.
1d
on MSN
How a Comcast Cable Network Sale Could Fuel Media Consolidation | Analysis
A spinoff of
Comcast
’s cable network portfolio, as suggested by president Mike Cavanagh last week, could get the cable behemoth’s most-distressed assets off its books while sparking a new wave of ...
2d
Black Comcast Ex-Employee Will Arbitrate Race, Age Bias Claims
A former Comcast Corp. part-time sales representative has agreed to arbitrate his age- and race-bias claims against the cable ...
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