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Comcast considering spinning out cable networks
Comcast says it's thinking of getting out of the cable TV business
So what if we just got rid of the ones we own? That, in essence, is what
Comcast
floated to investors Thursday morning on its earnings call: The media/broadband conglomerate says it's thinking of taking its basic-cable channels — like Bravo, USA ...
Comcast Eyes New Venture to House MSNBC, USA, Other U.S. Cable Channels
The cable and entertainment company posted a jump in quarterly revenue, boosted by its media businesses.
Comcast is exploring separation of cable networks business
Comcast said Thursday it has begun to explore a separation of its cable networks business. The separation would not include the broadcast network NBC or streaming platform Peacock. The comments came during Comcast's third-quarter earnings call on Thursday.
Comcast Got Q3 Olympics Boost
Comcast Sales, Profit Beat Estimates After Olympics Boost
Comcast Corp. reported third-quarter sales and profit that exceeded analysts’ expectations after the company’s NBC division got a lift from the Summer Olympics, an event that generated $1.4 billion in advertising revenue.
Comcast Stock Price Jumps After Paris Olympics Boost
Comcast shares jumped in premarket trading after the company said revenue grew a faster-than-expected 6.5% in the third quarter, fueled by the Paris Olympics and new film releases. The cable and entertainment giant said quarterly revenue grew to $32.
Comcast Got Q3 Olympics Boost Despite Shortfalls in Broadband, Theme Parks
Comcast found a way to get it past its usual challenges of consumers leaving its cable offerings and getting people to visit its theme parks: the Olympics. This summer’s extravaganza from Paris helped the cable-and-entertainment conglomerate power its way past some of its business issues,
7h
Bye Bye Maddow? Comcast’s Network Dump May Cost It Its Biggest Names
That would mean, Cavanagh said, networks like MSNBC, Bravo, CNBC, and USA would be part of some unnamed, independent company, ...
9h
on MSN
Comcast's potential cable networks separation will test the appetite for media reconfiguration
If Comcast moves forward with its idea to spin off NBCUniversal's cable networks, it could begin a rollup throughout the ...
8h
on MSN
Comcast considers spinning off cable channels like MSNBC. But analysts have doubts
NBCUniversal parent
Comcast
Corp. is considering spinning off its cable networks into a separate company as the media giant ...
13h
Comcast Call Write Cashes In On Rich Options Premium After NBC Parent Gets Post-Earnings Pop
For today’s buy write, if CMCSA closes above $45 at expiration, the total return would be $2.55 per share on $42.45 per share ...
The Daily Beast on MSN
13h
Comcast Considering Move That Would Put ‘Rachel Maddow Show’ to ‘Real Housewives’ Up for Sale
Comcast sales climbed 6.5% to $32.1 billion in the third quarter, beating predictions of $31.7 billion. Other promising metrics included fewer than expected losses of cable and streaming customers.
17h
on MSN
Comcast posts Q3 results beat, hints at spinning off cable ops; shares rise
Media and cable giant Comcast (NASDAQ:CMCSA) reported a top and bottom line beat in its third quarter earnings report and the ...
16h
on MSN
Epic Universe Demand High Ahead Of May Opening, Comcast Says, As Domestic Theme Park Attendance To Rally By Next Summer
Theme parks – both Universal and Disney -- have seen a succession of soft quarters following a post-Covid surge but ...
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