MSNBC Stays in Its Bubble and Celebrates SpinCo as Viewers Flee
An insider tells TheWrap that MSNBC and CNBC throw off $1 billion in profit, leaving dry powder for the new company to invest ...
Comcast CEO Brian Roberts Sells $20.4 Million in Company Stock
Comcast CEO Brian Roberts sold $20.4 million worth of stock, representing a small portion of his holdings in the media and ...
Welcome to SpinCo
Whatever they end up being called, CNBC and MSNBC, plus existing carriage deals in place for the entertainment assets, should ...
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Mystery Billionaire With ‘Liberal Bonafides’ Expresses Interest in MSNBC | Report
Last week, Comcast announced a spinoff plan that would create a separate company, dubbed SpinCo, that would house CNBC, ...
Warner Bros. Discovery price target raised to $14 from $12 at BofA
BofA analyst Jessica Reif Ehrlich raised the firm’s price target on Warner Bros. Discovery (WBD) to $14 from $12 and keeps a Buy rating on the ...
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Elon Musk floats buying MSNBC, but he’s not the only billionaire who may be interested
Instead, he is moving MSNBC and a half dozen other cable channels into “SpinCo,” a pure-play cable programming company. The ...
Comcast CEO Brian Roberts Sells $20 Million in Stock
The 469,515 Class A shares were awards of restricted stock units and options as part of his compensation in January and March ...
CNBC's new boss reassured staffers jittery over their network getting spun off: 'Predator, not prey'
Mark Lazarus described the new spinoff as entrepreneurial and flexible, one staffer said. The mood at the company seemed ...
No, Rachel Maddow did not have a tearful meltdown reading Musk’s tweet about buying MSNBC
With President-elect Donald Trump’s “First Buddy” Elon Musk teasing the possibility of purchasing liberal cable news channel ...