Comcast Corporation (CMCSA)
Comcast to spin off MSNBC, CNBC entertainment channels as streaming dents cable: sources
Comcast would retain NBCUniversal's NBC broadcast television network, its film and television studios and its theme parks, as well as its Peacock streaming service.
Comcast to proceed with plans to spin off its cable channels, sources say
Comcast is moving forward with plans to spin off its NBCUniversal cable television networks including MSNBC and CNBC, sources say, shedding a once core part of the business that has been a casualty of the streaming video revolution.
Comcast Stock Climbs on Anticipation of $7B Spinoff of NBCUniversal Cable Networks
Comcast (CMCSA) shares gained in extended trading Tuesday following a report the entertainment and media conglomerate is expected to announce plans Wednesday to spin off its NBCUniversal cable TV networks.
It looks like there's a big shake-up at Comcast coming
Comcast plans to spin off some NBCUniversal cable channels, The Wall Street Journal reported. The planned spinoff includes MSNBC, CNBC, E!
NBCUniversal Split: Comcast To Spin Off Cable Channels Under Mark Lazarus; Donna Langley Consolidates Power, NBC, Peacock & Bravo Stay Put
Putting Donna Langley firmly in the corporate driver's seat, Comcast boss Brian Roberts has decided its time for NBCUniversal to shed some cable channel weight. Tomorrow, Comcast is set to reveal its long term plan to split off cable channels MSNBC, CNBC, E!, Syfy, Golf Chanel and USA into a new and separate company.
Comcast stock gains on report that NBCUniversal cable networks will be spun off
Comcast Corp. stock rose in after-hours trading Tuesday after the Wall Street Journal reported the company is expected to announce a plan to spin off most of its cable TV networks.
Comcast will announce the spinoff of cable networks Wednesday, CNBC source says
Comcast will announce the spinoff of cable networks Wednesday, CNBC source says
Comcast Corporation (CMCSA) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Comcast (CMCSA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Comcast Stock Falls 1% YTD: How Should You Play the Stock?
CMCSA's shares have been benefiting from partnerships and customer base. However, sluggish theme park performance and decreased video customers are concerning.
Trump's Victory Could Explode High-Yield Dividend Telecom Stocks Higher
24/7 Wall St. Insights Wall Street is anticipating fewer regulations during Trump's second term.
Painting the town pink and green: 'Wicked' takes over retail ahead of theatrical debut
Universal's "Wicked" is drumming up buzz ahead of its Nov. 22 release with hundreds of merchandise offerings from dozens of retail partners. These pink-and-green collaborations cross the spectrum from apparel, accessories, footwear, beauty and costumes all the way to home decor, toys and even one-of-a-kind cars.
Comcast's Earnings Shockers: Ignore The Hype, There Was More Important News
Comcast's potential spinoff of its linear cable networks is unlikely to have significant impact, hence management's efforts to temper analyst excitement. Management's proposal to find a partner for Peacock streaming service is intriguing, but fraught with complications, including data control and others. Comcast's ACP losses were lower than expected, aided by new NOW Internet packages, but future broadband losses remain uncertain.
