An insider tells TheWrap that MSNBC and CNBC throw off $1 billion in profit, leaving dry powder for the new company to invest ...

Comcast says its cable spinoff sets up declining networks for a rebound — and potential acquisitions. But SpinCo could also ...

Whatever they end up being called, CNBC and MSNBC, plus existing carriage deals in place for the entertainment assets, should ...

Comcast Corporation (NASDAQ: CMCSA) announced Wednesday plans to spin off several major cable television networks and digital ...

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 has announced Wednesday its intent to create a new publicly traded company comprised of a strong portfolio of ...

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 ...

Comcast Corp is planning to spin off a large part of its NBCUniversal’s cable TV channels into a separate publicly traded ...

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 ...