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 sold $20.4 million worth of stock, representing a small portion of his holdings in the media and ...
6don MSN
Whatever they end up being called, CNBC and MSNBC, plus existing carriage deals in place for the entertainment assets, should ...
Last week, Comcast announced a spinoff plan that would create a separate company, dubbed SpinCo, that would house CNBC, ...
5don MSN
Mark Lazarus described the new spinoff as entrepreneurial and flexible, one staffer said. The mood at the company seemed ...
Comcast’s spinoff of its properties signals the accelerating decline of traditional TV—and a brutal reckoning for the media ...
The 469,515 Class A shares were awards of restricted stock units and options as part of his compensation in January and March ...
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 ...
With President-elect Donald Trump’s “First Buddy” Elon Musk teasing the possibility of purchasing liberal cable news channel ...
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