Igor Golovniov | Lightrocket | Getty Images Cable giant Comcast is looking to the wireless business for growth. Comcast executives said Thursday the company will shift its focus to its mobile business after reporting a loss of 139,000 residential broadband customers during the fourth quarter. Broadband has long been the growth engine of the cable […]
“We could all be fired a year from now,” Morning Joe cohost Joe Scarborough quipped Wednesday morning while addressing some big news on the home front, which is that Comcast plans to spin off its NBCUniversal cable TV networks, including MSNBC. “Or tomorrow,” cohost Mika Brzezinski chimed in. The cohosts were, presumably, joking about the […]
US media giant Comcast is set to spin off its NBCUniversal cable television arm, as the industry continues to struggle with the emergence of streaming giants like Netflix and Amazon Prime. The BBC understands that the plan – set to be announced on Wednesday – is to create a new company that will include channels […]
The Comcast NBC logo is shown on a building in Los Angeles, California, June 13, 2018. Mike Blake | Reuters Comcast is moving forward with the spinoff of its cable network channels, people familiar with the matter told CNBC on Tuesday. The separation is expected to take about a year, and an announcement from the […]
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” […]
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 […]
