(Reuters) -Comcast said on Wednesday that it plans to spin-off the bulk of its fading NBCUniversal cable TV networks, including MSNBC and CNBC, as the company said it is repositioning itself for ...

It named Charter as a possible candidate for a merger. It could be some time before we know what the future looks like for either side of the business though. Comcast said it expects the spin-off to ...

PHILADELPHIA - Comcast Corporation (NASDAQ: NASDAQ: CMCSA) revealed plans today to form a new independent entity by spinning off several NBCUniversal cable television networks and digital assets into ...

Comcast has confirmed the separation of NBCUniversal’s cable television networks including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel.

Comcast explores cable networks spin-off November 4, 2024 13.50 Europe/London By Julian Clover ...

According to various news reports today, US telco giant Comcast is set to spin off some of its largest TV channels, including MSNBC, CNBC, and E! The channels, which generated a collective revenue of ...

On the other hand, the spin-off could potentially reduce regulatory hurdles for Comcast, enabling it to pursue future cable mergers. “Supported by its strong balance sheet and healthy FCF generation, ...

Comcast made the formal announcement on Wednesday that it is spinning off the majority of its cable assets into a stand-alone public company. It expects the transaction to close in approximately ...

Versant, the Comcast cable spin-off comprising seven channels including USA Network, Syfy and CNBC, has appointed its first board of directors, with prospective CEO Mark Lazarus and former Disney exec ...

Plans for a spin-off were revealed at Comcast’s recent Q3 earnings call, in which president Mike Cavanagh said the media company was exploring its options for its cable channels to navigate the ...

Comcast expected to announce cable assets spin-off (reports) By Jeremy Kay 2024-11-20T02:52:00+00:00 ...

Comcast said it is structured as a tax-free spin-off. The new NBCU cable TV company — currently dubbed “SpinCo” — will be led by CEO Mark Lazarus, who has served as chairman of NBCUniversal Media ...