NBCUniversals long-awaited move to spin off most of its cable assets and reorganize the studios top leadership inspired plenty of questions about the media conglomerates future and, for many in the industry, a case of Donna Langley dj vu.   The veteran film executive who had been chief content officer across all of NBCUniversal has […]

MSNBC staffers and stars are reportedly in a panic after the media giant Comcast confirmed reports that it was looking to spin off its cable news outlets. Stars of the left-leaning network like Katy Tur, Rachel Maddow, and Chris Jansing reportedly joined a tense meeting led by NBCUniversal chairman Mark Lazarus to discuss what news ...

Comcast, the parent company of NBCUniversal, has announced a significant restructuring. It plans to spin off most of its cable […]The post Comcast Restructuring May Force MSNBC To Change Name, Reduce Outlet To A ‘Well-Fund...

Comcast, the parent company of NBCUniversal, has announced a significant restructuring. It plans to spin off most of its cable […]The post After Trump Victory, Comcast Restructuring May Force MSNBC To Change Name, Reduce Outlet ...

Comcast’s decision to spin off most of its cable networks has split NBCUniversal’s linear networks into two groups, with NBC and Bravo (as well as Spanish-language broadcaster Telemundo) staying within Comcast alongside streamer Peacock and the TV studios, and the rest, including USA Network, Syfy, E! and Oxygen as well as MSNBC, CNBC and the […]

After a few bumpy outings due to Covid and less-than-optimal host cities, the Olympics flourished last summer in Paris, with viewership gains and advertising records. With more happy returns expected from the 2026 Winter Games in Italy and the 2028 Summer Games in Los Angeles, NBCUniversal may need to develop some new muscles in order […]

UPDATED with closing price. Comcast’s decision to spin off NBCUniversal cable networks into a new publicly traded entity has drawn applause in some parts of the business world, but skeptics are also making their voices heard. Shares in Comcast, which are slightly in the red for the year to date, stayed mostly flat Wednesday but […]

Comcast to spin off USA, CNBC, MSNBC, and others, will keep Peacock streaming.

Comcast to spin off USA, CNBC, MSNBC, and others, will keep Peacock streaming.

Comcast believes it has found a solution to the problem of what to do with a passel of big cable assets that are entering a period of ongoing decline. In doing so, however, the cable-and-entertainment giant also raises a significant number of questions. The owner of NBCUniversal said Wednesday that it planned to split the […]

WASHINGTON (AP) Comcast will spin off many of NBCUniversals cable television networks, including USA Network, CNBC and MSNBC, into a separate public company.

Comcast plans to divest the bulk of its once-coveted NBCUniversal cable TV assets, including MSNBC and CNBC, as the rising dominance of streaming platforms relegates legacy media businesses to the cutting room floor. Shares of the company rose about 2 percent in premarket trading, after Comcast said on Wednesday it would separate its entertainment and […]

Comcast’s decision to spin off NBCUniversal cable networks into a new publicly traded entity has drawn applause in some corners of the financial world, but some investors are expressing skepticism. Shares in Comcast, which are slightly in the red for the year to date, traded down a fraction to around $42.20 in early trading Wednesday. […]

Media giant Comcast officially announced on Wednesday that it is spinning off some of its most well-known cable-oriented outlets from NBCUniversal.

Comcast is also moving Matt Strauss into a new role at NBCU overseeing sports, advertising and platforms.

Comcast will spin off many of NBCUniversals cable television networks, including USA Network, CNBC and MSNBC, into a separate public company.The shift, which comes as more and more people opt for streaming services over traditional cable, was telegraphed by the company when it released its most recent earnings last month.Mark Lazarus, current chairman of NBCUniversal Media...