An insider tells TheWrap that MSNBC and CNBC throw off $1 billion in profit, leaving dry powder for the new company to invest ...
With President-elect Donald Trump’s “First Buddy” Elon Musk teasing the possibility of purchasing liberal cable news channel ...
Elon Musk, Donald Trump Jr., and Joe Rogan have joked about the idea of buying MSNBC after Comcast's spinoff announcement.
Elon Musk has sparked speculation after sharing a provocative meme suggesting he might purchase MSNBC following reports that ...
Last week, Comcast announced a spinoff plan that would create a separate company, dubbed SpinCo, that would house CNBC, ...
Elon Musk has called MSNBC “the utter scum of the Earth.” He has said the channel “peddles puerile propaganda.” Just a few ...
Mark Lazarus described the new spinoff as entrepreneurial and flexible, one staffer said. The mood at the company seemed ...
As Comcast readies a sale of its legacy media outlet, the rightwing billionaire has mused about an acquisition.
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 ...
Analyst Jessica Reif Ehrlich from Bank of America Securities maintained a Buy rating on Comcast (CMCSA – Research Report) and keeping the price ...
Comcast will move cable news channels CNBC and MSNBC, along with other TV brands, into a new company tentatively named SpinCo ...
Comcast’s spinoff of its properties signals the accelerating decline of traditional TV—and a brutal reckoning for the media ...