An insider tells TheWrap that MSNBC and CNBC throw off $1 billion in profit, leaving dry powder for the new company to invest ...

Elon Musk has called MSNBC “the utter scum of the Earth.” He has said the channel “peddles puerile propaganda.” Just a few ...

Whatever they end up being called, CNBC and MSNBC, plus existing carriage deals in place for the entertainment assets, should ...

As Comcast readies a sale of its legacy media outlet, the rightwing billionaire has mused about an acquisition.

Mark Lazarus described the new spinoff as entrepreneurial and flexible, one staffer said. The mood at the company seemed ...

Billionaire Elon Musk hinted at a possible purchase of MSNBC, sparking widespread speculation after a post on his social ...

Comcast is severing well-known media assets such as CNBC and MSNBC from its network, resulting in speculation about possible ...

Comcast’s spinoff of its properties signals the accelerating decline of traditional TV—and a brutal reckoning for the media ...

On Wednesday morning, the media giant confirmed that it is spinning off most of its cable channels, including MSNBC and CNBC, ...

The spinoff company will be "comprised of a strong portfolio of NBCUniversal's cable television networks, including USA ...

Comcast will move cable news channels CNBC and MSNBC, along with other TV brands, into a new company tentatively named SpinCo ...

Comcast's decision to spin off most of its cable networks has split NBCUniversal linear networks' into two groups. Here is ...