US media giant Comcast is set to spin off its NBCUniversal cable television arm, as the industry continues to struggle with the emergence of streaming giants like Netflix and Amazon Prime. The plan, formally announced on Wednesday, is to create a new company that will include channels such as MSNBC, ...
Business Magazine
TV Networks MSNBC and CNBC to Be Spun off by Comcast
Posted on the 20 November 2024 by Phil's Stock World @philstockworld
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