Comcast Corp (CMCSA)
Comcast is about to look a lot different: What it means for you
Comcast is officially spinning off its cable TV business. Transcript: Conway Gittens: There was a lot of focus on retail on Wednesday.
Comcast's cable network spinoff may be a signal to the media industry for necessary change
Lots of uncertainty surrounds Comcast's spinoff of its NBCUniversal cable portfolio. Comcast may be proceeding with a transaction as a signal to the rest of the media industry that consolidation is necessary.
Comcast cable networks spin-off a ‘positive strategic step,' analysts believe
Comcast Corporation (NASDAQ:CMCSA, ETR:CTP2)'s decision to spin off its cable networks and some digital assets into a separate company is a positive strategic step as it may reduce regulatory hurdles for the company to attempt another merger with a large cable peer, analysts at Bank of America believe. The media giant announced on Wednesday it intends to create a new publicy traded company (SpinCo) which will be home to NBCUniversal's cable television networks, including USA Network, CNBC, MSNBC, Oxygen, E!
As Cable Networks Lose Their Value, Comcast Launches A Separate Unit
As expected, Comcast announced today they were spinning off a number of cable networks. At their most recent earnings report last month, Comcast said they were considering splitting their cable properties into a separate company.
With Cable Spinoff, Comcast Fires Starting Gun On Media Restructuring
Weeks after floating a huge trial balloon, Comcast followed through this morning, announcing plans to spin off most of its linear cable networks into a separate company, including such stalwarts as CNBC, MSNBC, USA Network and SyFy.
What the Comcast Cable Spinoff Means for Investors
Comcast has announced plans to spin off select cable networks and digital assets into a separate publicly traded company. Here's what you need to know.
CNBC anchors and insiders worry about their futures as Comcast looks to unload the network
CNBC anchors projected an air of mild panic about the news that Comcast would spin off the network. The media conglomerate announced it would create a new entity for most of its cable networks.
Comcast to spin off cable networks, once star performers for the entertainment giant
Comcast will spin off many of its cable television networks that were once at the heart of the entertainment giant, with people increasingly swapping out their cable TV subscriptions for streaming platforms.
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.
Here's Why Comcast (CMCSA) is a Strong Momentum Stock
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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.
