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Bookmark or Share- Comcast Announces Intention to Create Leading Independent Media ...The well-capitalized independent company (“SpinCo”) will have significant scale as a pure-play set of assets anchored by leading news, sports and entertainment content. SpinCo will be an industry-leading news, sports and entertainment cable television business with a focused strategic direction. SpinCo’s stable of marquee brands will ...
- Comcast Wants to Split off Its TV Business - How-To GeekThe assets that will make up SpinCo made about $7 billion in revenue over the year leading up to September 30, 2024. So, they are already proven to make money. The new company will have two types of shares, just like Comcast does. Mike Cavanagh, President of Comcast said, “This transaction positions both SpinCo and NBCUniversal to play ...
- Welcome to SpinCo - VultureWelcome to SpinCo: Comcast is letting go of a number of its cable channels, including MSNBC and CNBC. What comes next is anybody’s guess.
- Comcast's Spin-Off to Boost Broadband and Streaming Growth ... - BenzingaComcast plans to spin off $7B SpinCo, focusing on news, sports, and digital assets to streamline growth. Analyst Michael Ng projects $123.42B in 2024 revenue, maintaining a $50 price target with a ...
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