As Cavanagh indicated on Comcast’s Oct. 31 earnings call, offloading the cable nets is designed to boost the core company’s overall growth profile (and, by extension, its market valuation).
Prior to the announcement on Monday, Fubo already carried NBC’s line-up of NBC-owned broadcast stations, cable channels and regional sports networks. Fubo also offered NBC News Now as part of its ...
When Comcast swallowed NBC and Universal Studios 14 years ago, the sibling cable channels USA Network, Bravo and CNBC were considered diamonds in the rough. USA Network had gained traction with it ...
24, 2019, in Pittsburgh. (AP Photo/Gene J. Puskar, File) FILE - The symbol for Comcast appears on a screen at the Nasdaq MarketSite, on Oct. 1, 2019 in New York. (AP Photo/Richard Drew, File) FILE - ...
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 growth in ...