Comcast Corporation (CMCSA)
Comcast spins off its cable channels into separate company as it looks for growth
Cable television has long been viewed as a stagnant business, showing little promise for growth over the years. However, Comcast believes it has found a new growth opportunity.
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CMCSA Network Spin-Offs, DAL Backs Guidance, QCOM 5-Year Financial Targets
Comcast (CMCSA) announced spin-offs for most of the company's networks. Delta Airlines (DAL) says the airline industry is healthy and backed its guidance during the company's investor day.
Comcast To Spin Off NBCUniversal Cable Channels
Comcast (CMCSA) said Wednesday that it is planning to spin off its NBCUniversal cable TV networks, including channels like MSNBC, CNBC, and E!, carving out a business that has been hurt by cord cutting and the rise of streaming.
Comcast setting up spinoff to be able to make meaningful acquisitions
CNBC's Julia Boorstin reports on the Comcast's decision to spinoff its cable networks.
Will Comcast's spinoff of some cable networks give the stock the desired bump?
Investors are often hopeful spinoffs will lead to improved valuations. But one analyst questioned whether that will play out for Comcast given the decay of legacy media.
Comcast's cable spinoff is them saying 'we don't want to be in the cable biz': LightShed co-founder
Rich Greenfield, LightShed Partners co-founder and partner, joins 'Squawk Box' to discuss Comcast's decision to spinoff its cable divisions, Greenfield's major thoughts about the decision, and the valuation of Comcast's cable assets.
Comcast doesn't want its cable TV networks anymore
Cable networks used to be incredibly valuable. But in the streaming and cord-cutting era, they are in decline.
Comcast to spin off some cable TV networks
Comcast said on Wednesday it plans to spin off some NBCUniversal cable TV networks, as the rise of streaming prompts the media company to relinquish some of its most prized assets.
Comcast's cable spinoff is 'actually a good idea', says former NBC cable president
Tom Rogers, Oorbit Gaming executive chairman and former NBC Cable president, joins 'Squawk Box' to discuss Rogers' thoughts on Comcast's decision to spinoff cable channels, how Comcast was able to pull this off first, and much more.
Comcast Stock Rises. Why a Cable TV Spinoff Plan Is Good News for Investors.
The cable and entertainment company is set to spin off networks including MSNBC, CNBC, and Golf Channel, says a report.
Comcast reportedly planning TV spin-off
Comcast Corporation (NASDAQ:CMCSA, ETR:CTP2) is moving forward with plans to spin off its cable network channels, including CNBC, MSNBC, and E!, according to the Wall Street Journal citing sources familiar with the matter.
