Comcast's Plan to Spin Off NBC Universal-Owned Cable Channels

SOURCE www.mediaite.com
Comcast is planning to spin off its suite of NBC Universal-owned cable channels, including MSNBC. This decision comes amidst challenges facing linear television operators and MSNBC's declining ratings post the election of Donald Trump. Morning Joe hosts Mika Brzezinski and Joe Scarborough reported on the news, acknowledging the potential impact on the network's future.

Key Points

  • Comcast to spin off NBCUniversal cable TV networks including MSNBC, CNBC, USA, Oxygen, E!, Syfy, and Golf Channel
  • Assets generated about $7 billion in revenue in the 12 months ended Sept. 30
  • Morning Joe hosts discuss the news and its implications on the network

Pros

  • Acknowledging potential challenges and adapting to the changing landscape of television
  • Creating opportunities for new strategic directions and growth

Cons

  • Uncertainty for employees and talent at MSNBC
  • Potential impact on the network's viewership and brand