What will happen to CNBC and MSNBC when they no longer have a corporate connection to NBC News? [Yahoo! Finance]
Comcast Corporation - Class A (CMCSA)
Last comcast corporation - class a earnings: 4/30 07:00 am
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Source: Yahoo! Finance
How that affects viewers of those networks, along with the people who work there, still needs to shake out. Their new corporate leader, Mark Lazarus, visited the set of MSNBC's “Morning Joe” as the plan was being announced on Wednesday and spoke to network staff members during a morning conference call to address concerns. Comcast is spinning off most of its cable networks, also including USA, Oxygen, E!, SYFY and the Golf Channel, into a separate company. That recognizes how streaming is considered the future and the cable networks are a drag on the bottom line. In the space of a lifetime, the networks went from upstarts aside a legacy operation like NBC to profitable superstars to castoffs. Questions range from the simple to complex Lazarus, chairman of the NBC Universal Media Group, is becoming CEO of the newly-formed company of cable networks, temporarily dubbed “SpinCo.” Cesar Conde, who as NBC Universal News Group chairman had oversight of CNBC and MSNBC, will lose thos
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CMCSA
Earnings
- 1/30/25 - Beat
CMCSA
Sec Filings
- 1/31/25 - Form 10-K
- 1/30/25 - Form 8-K
- 1/15/25 - Form 4
- CMCSA's page on the SEC website