Comcast to Spin Off MSNBC, CNBC & Other Cable Networks
- Thread starter FAH1223
- Start date
This is going to be interesting. Msnbc and cnbc ate off the REAL news assets they got for free from NBC. They're all probably going to start looking more like what they really are without a legit journalism wing to rely on.
What does spin off even mean? That corporate jargon gives me a headache.
A spinoff occurs when a corporation divests itself of one or multiple divisions. The parent company often keeps a large ownership stake in the spinoff, but the new entity is an independent corporation with its own officers and board of directors, and its shares trade separately from those of the parent.
A spinoff occurs when a corporation divests itself of one or multiple divisions. The parent company often keeps a large ownership stake in the spinoff, but the new entity is an independent corporation with its own officers and board of directors, and its shares trade separately from those of the parent.
@K-Apps thoughts?
Probably makes it easier for a WBD or Paramount to merge with this new offshoot company imo. That’s my best guess on this.
They are easily just shutter MSNBC and make combine the rest as CNN. Whether that saves both networks idk, but some type of merger or acquisition will happen
This is interesting. Maybe they’re throwing out some bait hoping a billionaire wants to buy them to control the narrative. Thats the only thing I can think of that makes this make sense. They hold a ton of shares still and make a killing without having to give up NBC as a whole.
it would help if there was just NEWS channels. FFS. Turn it to CSPAN and make just raw event driven. They keep trying to make these panels happen.
AquaCityBoy
Veteran
The election was two weeks ago and the bottom fell out that fast 
All these news networks wanted Trump back to save their ratings and look how it backfired
All these news networks wanted Trump back to save their ratings and look how it backfired
No one watching that bs that's the problem
Hood Critic
The Power Circle
I expect to see a lot of this, the fox vs dominion suit sets precedent for cable media liability - despite the fact it was warranted. Spinning off the cable media portion of your company is a fancy way of isolating the parent from liability in an age of hot take media during the administration of one of the most media hostile and litigation weaponizing administration in history.
mastermind
Rest In Power Kobe
I think this was in the plan before the election.The election was two weeks ago and the bottom fell out that fast
All these news networks wanted Trump back to save their ratings and look how it backfired
ADevilYouKhow
Rhyme Reason
Where’s my rosary beads
No MSNBC is going to be fascinating
But like @K-Apps said if this entity buys Warner Brothers Discovery (WBD) then CNN and MSNBC become merged.
I think there’s an opening here for more populist Dems. We saw how powerful legacy cable networks and the broadcast networks were in getting Biden the nomination in 2020 when he was floundering.