MSNBC staffers ‘in a panic’ as NBC-parent Comcast plans to spin off channel — and possibly change its name
Panic erupted at MSNBC headquarters Wednesday when parent company Comcast confirmed a major spinoff of its cable assets, with top executives even suggesting the left-leaning network might be forced to change its name. MSNBC stars Rachel Maddow, Chris Jansing and Katie Toole attended a tense 10 a.m. meeting at 30 Rock in Midtown led by […]
Comcast Dumps Cratering MSNBC and Other Dying Cable Channels
As the inevitable demise of cable television accelerates, telecom giant Comcast has decided to cut its losses and separate itself from MSNBC and other cable networks. “Comcast Corporation today announced its intention to form a new publicly traded company comprised of NBCUniversal’s strong portfolio of cable television networks, including USA Network, CNBC, MSNBC, Oxygen, E!, […]
Comcast to spin off MSNBC, CNBC other cable channels: sources
Comcast is moving ahead with plans to spin off its cable television network NBCUniversal, which includes MSNBC and CNBC, cutting into a core part of its former business that fell victim to the streaming video revolution, sources said. The company told investors last month that it was considering spinning off the cable network into a […]
Comcast to spin off cable assets: report
Comcast, one of the nation's largest media conglomerates, plans to spin off its cable assets as part of a major restructuring of its business, according to multiple reports. The plan, expected to take up to a year, would split the company's NBC Universal network, which includes MSNBC, CNBC, USA, Oxygen, SyFy and E!. Golf Channel […]
Elon Musk triumphant as IBM, Disney, and Comcast end yearlong advertising boycott on X
Famous brands have ended their advertising boycott of Elon Musk's X after nearly a year of refusing to support it. Comcast, Discovery, Disney, IBM, Lionsgate Entertainment and Warner Bros. joined Musk in restarting ad spending on X. appreciate CEO Linda Yaccarino thanks the company for its efforts to bring the company back to its platform. […]
Ransomware attack impacts 237,000 Comcast customers
US telecom giants Comcast, TrustBank, and Capio & CF Medical are recent victims of data breaches, but it's not their fault. The data breach stems from the Financial Business Consumer Solutions (FBCS) breach that occurred in February. The personal information of approximately 237,000 Comcast customers was compromised. This includes your name, address, social security number, […]
Comcast reveals price for Peacock, Netflix and Apple+ streaming bundle
Bobby Iaccino, co-founder of Path Trading Partners, talks about the effectiveness of bundling streaming platforms and why he believes this move defeats the purpose. Comcast on Tuesday new streaming bundle The company will package its Peacock service with Netflix and Apple TV+ and charge Xfinity internet and TV customers a $15 monthly fee. The StreamSaver […]
Comcast told MSNBC to stop criticizing Israel during Oct. 7 Hamas attacks
Comcast, MSNBC’s parent company, made an unusual intervention against the left-leaning network. Criticism of Israel is widespread while covering the deadly Oct. 7 terrorist attack by Hamas, according to the report. MSNBC anchors Ayman Mohieruddin, Mehdi Hasan, and Ali Bersih, all Muslims, participated in the shocking Hamas cross-border invasion that massacred about 1,200 Israelis, including […]
Comcast revenue boosted by streaming growth at Peacock — but shares plunge 5%
Comcast on Thursday beat quarterly revenue estimates, driven by better-than-expected subscriber growth for its Peacock streaming service and strong attendance at its theme parks. However, the company’s stock price fell more than 5%. Peacock added 3 million subscribers in the first quarter, bringing its total to 34 million, beating Visible Alpha’s estimate of 2.32 million. […]