USANEWSBEST

Weather

Bye Bye Maddow? Comcast’s Network Dump May Cost It Its Biggest Names

Comcast‘s surprise announcement on Thursday that it may spin off its cable networks—everything from MSNBC to Bravo—into a completely new company roiled the industry, with some questioning what good would it do for the dying cable business. Comcast President Mike Cavanagh announced the company’s intention during its earnings call on Thursday, saying they were “studying” […]

Business & Finance

Comcast is exploring separation of cable business

Omar Marques | Lightrocket | Getty Images Comcast has begun to explore a separation of its cable networks business. During Thursday’s earnings call with investors, Mike Cavanagh, president of Comcast, said the company is exploring creating “a new, well-capitalized company owned by our shareholders and comprised of our strong portfolio of cable networks.” This is breaking […]