An insider tells TheWrap that MSNBC and CNBC throw off $1 billion in profit, leaving dry powder for the new company to invest ...
Mark Lazarus described the new spinoff as entrepreneurial and flexible, one staffer told BI. The mood at the company seemed ...
As for what happens next, the best thing SpinCo (yes, we’re going to keep calling it that) has going for it are its ...
MSNBC and CNBC — will no longer have any corporate connection to NBC News once a spinoff formally takes effect in about a ...
Comcast's $7 billion deal comes with a slew of uncertainties that involve news, sports, entertainment and the cable business ...
Comcast’s corporate reorganization means that there will soon be two television networks with “NBC” in their name — CNBC and ...
In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish view of the future after ...
Comcast announced that it would spin off most of its cable networks, including CNBC, into a separate entity.
The yet-to-be-named SpinCo will house most of NBCUniversal’s cable television networks, including USA Network, CNBC, MSNBC, ...
Lazarus, chairman of the NBC Universal Media Group, is becoming CEO of the newly-formed company of cable networks, ...
Comcast has announced Wednesday its intent to create a new publicly traded company comprised of a strong portfolio of ...
Matt Belloni, founding partner of Puck, joins CNBC's 'Squawk Box' to discuss Comcast spinning off its cable networks, the ...