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Yesterday β€” 31 October 2024Main stream

Before NBCU Considered Spinning Off Cable Networks, It Shut Many Down

31 October 2024 at 18:10
Unlike its rivals, NBCUniversal long ago developed a healthy fear of zombies. Not the shambling, undead kind that lurch around trying to eat brains, but rather the media variety: β€œUndead” cable networks that long ago gave up all hopes of cultivating audiences around the clock and instead run only a few hours of original programming, […]

Comcast Exploring Spinoff of NBCU Cable Networks Into New Company

31 October 2024 at 12:46
Comcast, amid the upheaval in the TV biz caused by cord-cutting, is considering spinning off NBCUniversal’s portfolio of cable networks into a new publicly traded company. Comcast president Mike Cavanagh announced the exploratory plans on the conglomerate’s Q3 2024 earnings call. NBCU’s cable networks include Oxygen True Crime, Bravo, MSNBC, CNBC, USA Network, E!, Syfy, […]

Comcast Gets Q3 Olympics Boost, Adds 3M Peacock Subs Amid Challenges in Broadband, Theme Parks

31 October 2024 at 11:20
Comcast found a way to get it past its usual challenges of consumers leaving its cable offerings and getting people to visit its theme parks: the Olympics. This summer’s extravaganza from Paris helped the cable-and-entertainment conglomerate power its way past some of its business issues, with overall revenue up 6.5% to $32.07 billion compared to […]

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