Comcast is considering spinning off NBCUniversal’s cable networks, which include channels like Bravo and MSNBC, to focus on its streaming service, Peacock. This move could reshape the media landscape and attract investor interest by shedding declining assets. The potential separation may also pave the way for broader industry consolidation, as companies look to capitalize on changing media dynamics.
Comcast is considering separating its cable networks business into a new company owned by shareholders, as announced by President Mike Cavanagh during the third-quarter earnings call. This potential split would exclude NBC and the streaming service Peacock, amid a loss of 365,000 cable TV customers as viewers shift to streaming options. Cavanagh noted that the company is evaluating the best path forward for its cable assets and will provide updates when available.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.
