Streaming Services

Comcast Spins Off Cable Channels: MSNBC, CNBC, and More Face Uncertain Future

Comcast announced plans to spin off most of its cable networks, including USA, CNBC, and MSNBC, into a separate publicly traded company. This new entity will be independent, allowing it to adapt to the changing cable landscape while Comcast retains NBC broadcast network, NBC News, Peacock, and Bravo. The spin-off, expected to take approximately one year, is intended to position both companies for growth in a market increasingly dominated by streaming services. This restructuring reflects the declining cable television market and aims to improve investor appeal.

News

DirecTV agrees to buy Dish for $1

I can’t believe DirecTV agreed to buy Dish for just $1, although with the assumption of billions of dollars in debt. The fact that private equity will now own both DirecTV and Dish makes me think that both services may not survive for much longer. It’s sad to see how the industry is slowly dying year by year, and how even considering going back to cable seems like a step backward. I miss the simplicity of having everything in one place, like my DVR with the newest recorded shows conveniently listed on top.

Reading about the massive layoffs that are likely to come with this merger/purchase is disheartening.… Continue reading

John Q. Hosedrinker Oct 6, 2024

Streaming Services

Comcast Spins Off Cable Channels: MSNBC, CNBC, and More Face Uncertain Future

DirecTV agrees to buy Dish for $1

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