Matt Belloni, founding partner of Puck, joins CNBC's 'Squawk Box' to discuss Comcast spinning off its cable networks, the future of TV and the media industry, and more.
A modest sentiment boost has stocks edging higher ahead of a key earnings update from Nvidia after the closing bell.
Questions range from the simple to complex Lazarus, chairman of the NBC Universal Media Group, is becoming CEO of the newly-formed company of cable networks, temporarily dubbed “SpinCo.” ...
Comcast expects the new company, which it referred to as “SpinCo” Wednesday, to have the financial flexibility to be “a potential partner and acquirer of other complementary media businesses.” ...
An insider tells TheWrap that MSNBC and CNBC throw off $1 billion in profit, leaving dry powder for the new company to invest ...
As for what happens next, the best thing SpinCo (yes, we’re going to keep calling it that) has going for it are its non-entertainment assets — MSNBC and CNBC. While MSNBC’s ratings post ...
Comcast Corporation (NASDAQ: CMCSA) announced Wednesday plans to spin off several major cable television networks and digital properties into an independent media company called SpinCo ...
Comcast is carving off most of its cable channels. Will its new spinoff be a hunter or prey? The media giant last week put an upbeat spin on its move to shed what Wall Street sees as an albatross ...
And it turns out that the new company, SpinCo, not only will drive about $7 billion in revenue based on current performance of those channels, but – according to a knowledgeable individual ...
SpinCo will house USA Network, CNBC, MSNBC, Oxygen, E!, SYFY & Golf Channel MUMBAI: The reshaping of legacy behemoth media and entertainment companies continues. US media megacorp Comcast today ...
Comcast has announced Wednesday its intent to create a new publicly traded company comprised of many of NBCUniversal's cable television networks into a new company called SpinCo. The affected ...