NBC-parent Comcast is exploring spinning of its struggling cable networks business, including left-leaning MSNBC, President Mike Cavanagh said Thursday.
Cavanagh revealed during the third-quarters earnings call that the media giant is mulling the creation of a “new, well-capitalized company owned by our shareholders and comprised of our our strong portfolio of cable networks.”The possible separation would not include broadcast network NBC or streaming service Peackock, Cavanaugh said.
Washington Post paying to boost stories critical of Trump after staff resignations, 250,000-subscriber loss: report Earlier this year, Paramount Global — which owns cable TV networks Comedy Central, Nickelodeon and MTV — agreed to merge with Hollywood production company“We are now exploring whether creating a new well-capitalized company owned by our shareholders and comprised of our strong portfolio of cable networks would position them to take advantage of opportunities in the changing media landscape,” Cavanagh said.
Business Bravo Cable Cable Tv Comcast Msnbc Nbc Nbcuniversal Streaming
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Andrea Mitchell is exiting MSNBC anchor desk but will remain with NBC NewsThe longest-tenured journalist at the network gives up her daytime cable program but remains chief Washington correspondent.
Read more »
MSNBC anchor Andrea Mitchell to leave namesake show, move to correspondent role at NBCVeteran political journalist Andrea Mitchell announced that she will exit her namesake MSNBC show after the inauguration, but will remain as a correspondent at NBC News. Mitchell, who occupied the …
Read more »
NBC’s Andrea Mitchell Will End Her Namesake MSNBC ShowThe show is the longest-running daytime show on MSNBC—and it’ll end early next year.
Read more »
Andrea Mitchell to Leave MSNBC Anchor Chair for Broader Role at NBC NewsThe shift from hosting daily ‘Andrea Mitchell Reports’ to a wider presence in the NBC News Group will follow the U.S. Presidential inauguration in Jan. 2025.
Read more »
MSNBC host stunned after key Donald Trump impeachment witness Gordon Sondland backs ex-presidentToday's Video Headlines: 10/3/24
Read more »
Full transcript: Vice President Kamala Harris interviewed by NBC News' Hallie JacksonVice President Kamala Harris talks about sexism, President Biden’s age, and her plans on immigration, abortion and transgender health care, during an interview with NBC News' Hallie Jackson.
Read more »