You know the old company manifestation,” Buy low, sell higher”? Comcast may be willing to change its appearance because it is so determined to get rid of its wire properties, including MSNBC.
Advertisement
Comcast, the cable company that bought a 51 % stake in NBCUniversal from GE for$ 3.8 billion, entered the content industry in 2011. NBCU included NBC, MSNBC, Telemundo, Bravo, USA, and different programs. ( Do we still call them channels? ) In 2013, Comcast bought the remaining 49 % for a whopping$ 16.7 billion. The value of NBCU increased by about 10 % in two years. That’s not too shabby for a collection of established internet components.  ,
Before the vote, Comcast said that it was looking to get rid of its NBCU components. Comcast-owned CNBC reported last month that” the logic for Comcast is fairly straightforward” because” NBC Universal’s cable networks are n’t growing anymore”. According to the business news system,” Carting out the cable collection could appease Comcast traders by removing declining assets from the balance strip.”
After the vote, Comcast made it official now that they’re spinning off NBCU.
There’s one teensy tiny issue:
MSNBC scores decline:
Joy Reid- down 54.6 %
Ari Melber- down 49.6 %
Chris Hayes- down 47.2 %
Alex Wagner- down 53.6 %
Morning Joe- down 39.6 %
Stephanie Ruhle- down 67 %
Andrea Mitchell- down 39.7 %— End Wokeness ( @End Wokeness ) November 12, 2024
Advertisement
Yet before her people fled post-election, Andrea Mitchell prepared for a big punishment. She made a statement in October that she would leave her beloved MSNBC present after the commencement but would continue to work as a NBC News editor.
” After sixteen years of being in the outlet head every day, I want time to do more of what I love the most: more connected, listening, and reporting in the field”, Mitchell said at the moment. I find it hard to believe that a 78-year-old has any desire to leave the cozy outlet chair and head back to the field.
Joe Scarborough and Mika Brzezinski, who are” Morning Joe,” manage to reconcile with Donald Trump while apparently portraying themselves as fearless weight soldiers who bravely plunged into the depths of the beast to provide him a piece of their heads.
Hell, even ratings dropped as a result of Mika and Joe’s knee-biting, and even their fellow lefties are now fed up with their blatantly self-serving garbage. Who can show these times? Or, as my Warm Air coworker Ed Morrissey put it earlier now,” You MSNBC retrieve from its post-election collapsing in viewership?” Comcast answered this day: who cares? It’s no their trouble again”.
Advertisement
But it is a concern for Comcast owners. In a letter obtained by NBC News, Comcast President Mike Cavanagh stated that” the transaction may be structured as a tax-free roll on existing shareholders.” But Comcast shareholders will soon individual two businesses. One will be Comcast, the other the spun-off NBCU network. The promise is that Comcast stocks may fall, freed from NBCU weight.  ,
What happens to those NBCU stock ‘ price? Apparently, we’ll find out the real value of different rejected, leftwing infotainment networks and their high-priced on-air skill.
Recommended:  , Los Angeles Embraces’ Sanctuary ‘ Status… Arizona to Observe?
Thank you so much for your Club help. If you have n’t joined us yet, there’s rarely been a better time than now, during our 50 % off , SAVEAMERICA , promotion.
