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Comcast Greenlights $7 Billion Spinoff of NBCUniversal Cable Channels
The new venture will house channels like E!, USA and MSNBC, and Comcast is set to announce several leadership changes.Business - The Wall Street Journal - 13 hours ago -
Judge greenlights Musk giveaways
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Musk's $1M giveaways can continue, judge rules A Pennsylvania judge refused the Philadelphia district ...Politics - The Hill - November 4 -
Virginia asks Supreme Court to greenlight 1,600 voter roll removals
Virginia asked the Supreme Court on Monday to greenlight the removals of more than 1,600 people from the state’s voter rolls. State officials say the individuals are noncitizens, but the Justice ...Politics - The Hill - October 28 -
Greenlight's David Einhorn says the markets are broken and getting worse
Einhorn's frustration with passive investing is understandable. Academic research has long supported the belief that, in the long run, value outperforms growth.Business - CNBC - 5 days ago -
Comcast tops earnings estimates as Olympics propel the company
Comcast beat third-quarter earnings estimates as the Summer Olympics in Paris boosted NBCUniversal’s revenue and Peacock’s subscriber count.Business - CNBC - October 31 -
Comcast is exploring separation of cable networks business
NBCUniversal's cable networks portfolio includes Bravo, E!, Syfy, Oxygen True Crime, USA Network, as well as news networks MSNBC and CNBC.Business - CNBC - October 31 -
Comcast Explores Spin-Out of Cable Network Business
The company’s president, Mike Cavanagh, said the company was also considering finding a partner for its Peacock streaming service.Business - The New York Times - October 31 -
Comcast to spin off MSNBC, CNBC and cable channels
Comcast's cable channel spinoff plan is prompting a restructuring that will give NBCUniversal Chief Content Officer Donna Langley more turf and a new home for longtime executive Mark Lazarus.Entertainment - Los Angeles Times - 12 hours ago -
Comcast to spin off cable assets: Report
Comcast, one of the largest media conglomerates in the country, is planning to spin off its cable assets as part of a major shake-up of the company's business, according to multiple reports. The ...Politics - The Hill - 12 hours ago -
TV networks MSNBC and CNBC to be spun off by Comcast
Channels including USA, Oxygen, E! and Syfy will also be moved to the new media company.Top stories - BBC News - 8 hours ago -
Why a possible spinoff of Comcast’s cable networks is drawing cheers
Analysts think Comcast’s sprawling empire could get more investor respect without its troubled cable networks, and the networks could benefit from being on their own as well.Business - MarketWatch - November 1 -
Comcast Eyes New Venture to House MSNBC, USA and Other U.S. Cable Channels
The cable and entertainment company said it would consider partnerships in streaming as it posted a jump in quarterly revenue.Business - The Wall Street Journal - October 31 -
Comcast's potential cable networks separation will test the appetite for media reconfiguration
If Comcast moves forward with its idea of spinning off NBCUniversal's cable networks, it could begin a rollup throughout the media industry.Business - CNBC - October 31 -
Comcast to spin off cable networks as subscribers flee the bundle
Comcast on Wednesday announced the spinoff of its cable networks, including CNBC, MSNBC and E!.Business - CNBC - 30 minutes ago -
Comcast stock gains on report that NBCUniversal cable networks will be spun off
Comcast Corp. stock rose in after-hours trading Tuesday after the Wall Street Journal reported the company is expected to announce a plan to spin off most of its cable TV networks.Business - MarketWatch - 12 hours ago -
Comcast will announce the spinoff of cable networks Wednesday, sources say
Comcast is moving forward with the spinoff of its cable networks, including CNBC, MSNBC and E!, according to people familiar with the matter. Sources say the spinoff will be announced Wednesday and ...Top stories - NBC News - 11 hours ago -
Comcast to Spin Off MSNBC, CNBC and Other Cable Networks
The new publicly traded company is set to debut next year, with a bundle of channels that also includes Oxygen, E! and Syfy.Business - The New York Times - 31 minutes ago -
Comcast considers spinning off cable channels like MSNBC. But analysts have doubts
Comcast is considering spinning off its cable network business, which includes USA Network, Syfy and Bravo, as the media giant grabbles with the changes in the linear television industry.Entertainment - Los Angeles Times - October 31 -
Comcast to announce the spinoff of cable networks, including MSNBC, CNBC and USA, sources say
Comcast is expected to announce a plan Wednesday to spin off its cable networks into a separate company, two people familiar with the matter told NBC News.Top stories - NBC News - 11 hours ago -
Comcast to spin off cable networks and Susan Smith up for parole: Morning Rundown
The House Ethics Committee weighs releasing their report on Matt Gaetz.Top stories - NBC News - 1 hour ago -
Comcast will spin off its cable networks, once star performers at the entertainment giant
Comcast will spin off its cable networks, once star performers at the entertainment giantTech - ABC News - 5 minutes ago -
MicroStrategy buys $2 billion in bitcoin in 10 days. Is there $42 billion to go?
Shares of MicroStrategy Inc. entered record territory Monday for the first time in 24 years, as the self-proclaimed largest corporate holder of bitcoin continued to ride the postelection frenzy in ...Business - MarketWatch - November 11 -
Billions of levelling-up cash in limbo
Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.Top stories - BBC News - October 27 -
Mass deportation could cost billions
Bankrolling mass deportation would be costly. It would also require a lot more manpower.Top stories - CBS News - October 27 -
The hidden billions Argentines hold in undeclared savings
Decades of distrust of the country’s currency has resulted in a ‘dollars under the mattress’ cultureWorld - Financial Times - October 23 -
Why Meta and Snap are spending billions on AR glasses
Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.Business - CNBC - October 24 -
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Waymo Raises $5.6 Billion From Outside Investors
Alphabet’s driverless car unit now has vehicles operating in San Francisco, Phoenix and Los Angeles.Business - The New York Times - October 28 -
Biden announces $3 billion investment in U.S. ports
President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.Top stories - CBS News - October 29 -
Alphabet Revenue Jumps 15% to $88.3 Billion
The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations, driven by its advertising and cloud businesses.Tech - The New York Times - October 29