Comcast announces plan to spin off TV networks including MSNBC, CNBC to play 'offense' in new media landscape
The yet-to-be-named SpinCo will house most of NBCUniversal’s cable television networks, including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY, and Golf Channel. Those networks collectively generated approximately $7 billion in revenue over the past 12 months, Comcast said in its announcement.
Comcast Corporation (NASDAQ:CMCSA) will pursue a tax-free spinoff of NBCUniversal’s portfolio of TV channels and list them as ...
The new venture will house channels like E!, USA and MSNBC, and Comcast also announced several leadership changes.
Comcast (CMCSA) is spinning off its NBCUniversal cable TV networks, including MSNBC, CNBC, and USA, into an independent ...
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Here's Why Comcast (CMCSA) is a Strong Momentum StockTaking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The research service ...
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $49.65, a high ...
When a company plans to spin off its assets, it generally signals the underlying stock price is undervalued. Although Comcast ...
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Comcast Stock Falls 1% YTD: How Should You Play the Stock?Comcast’s CMCSA shares have lost 0.8% year to date against the Zacks Consumer Discretionary sector’s growth of 10.9%. The ...
Charlie Giancarlo, CEO of Pure Storage, has raised concerns about U.S. tax laws pushing companies to relocate their ...
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