Comcast, amid the upheaval in the TV biz caused by cord-cutting, is considering spinning off NBCUniversal’s portfolio of cable networks into a new publicly traded company. Comcast president Mike Cavanagh announced the exploratory plans on the conglomerate’s Q3 2024 earnings call. NBCU’s cable networks include Oxygen True Crime, Bravo, MSNBC, CNBC, USA Network, E!, Syfy, […]
Similar Stories to Comcast Exploring Spinoff Of Nbcu Cable Networks Into New Company on Bing News
Todd Spangler, Variety
Thu, 10/31/2024 - 5:46am
BING NEWS:
- Comcast says it's thinking of getting out of the cable TV business
What if we didn't own cable TV channels anymore?
10/31/2024 - 4:05 am | View Link - Comcast weighs spinoff of cable business after strong third-quarter results
Comcast is considering a spin-off of its cable networks business that includes CNBC and MSNBC, the media and broadband giant said on Thursday, after strong quarterly results on the back of box office ...
10/31/2024 - 2:56 am | View Link - Comcast Q3 Earnings: Olympics Power NBCUniversal Gains, Peacock Hits 36M Subscribers, Explores Forming New Company Of Cable Networks
Comcast reported Q3 revenue of $32.07 billion, beating analyst estimates. Adjusted EPS also beat estimates, with stock price gaining after the report.
10/31/2024 - 2:21 am | View Link - Comcast Exploring Spinoff of Cable Networks
As the linear TV business continues to erode, Comcast is considering spinning off its cable network portfolio into a standalone company, which includes Oxygen True Crime, Bravo, MSNBC, CNBC, USA ...
10/31/2024 - 2:03 am | View Link - 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.
10/31/2024 - 1:52 am | View Link - More
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