Indiana Lt. Governor Becky Skillman, Indiana Superintendent of Public Instruction Dr. Tony Bennett join parents, teachers and students to kick-off service supporting student academic achievement ...
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 its ...
Comcast just jump-started a new season of major change across the television industry. And no one quite knows what will happen next. On Wednesday morning, the media giant confirmed that it is ...
“We see a real opportunity to invest and build additional scale and I'm excited about the growth opportunities this transition will unlock," Mark Lazarus, who will lead the new firm, promised. By ...
Cable television has long been viewed as a stagnant business, showing little promise for growth over the years. However, Comcast believes it has found a new growth opportunity. On Wednesday, the ...
In a move that could portend more changes in the declining business of traditional television, Comcast, the parent company of NBC, announced plans Wednesday morning to break off several of its cable ...
Comcast today announced plans to spin off NBCUniversal cable TV networks such as USA, CNBC, and MSNBC into a new publicly traded company. Comcast is trying to complete the spinoff in one year, ...
Shares in Comcast, which are slightly in the red for the year to date, stayed mostly flat Wednesday but staged a late rally, climbing 1.6% to finish at $42.99. Details of the planned spin first ...
Comcast Corp. is cleaving off a huge chunk of its television portfolio to create a new company composed of its cable channels, including MSNBC, CNBC and USA Network. The Philadelphia-based cable giant ...
The spinoff will house Comcast's cable TV assets like USA, MSNBC, CNBC and E!, as well as some digital brands like Fandango. By Alex Weprin Senior Editor The new venture, first unveiled last year, ...
Comcast's spinoff of the majority of its NBCUniversal cable network portfolio will be named Versant, the company said Tuesday, ending a monthslong process to select a new corporate moniker. The new ...
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