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Comcast Considering Spinning Off Cable Networks


JTT

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Comcast is considering spinning off their cable networks. 

 

https://finance.yahoo.com/news/comcast-exploring-spinoff-cable-networks-124654274.html

 

I wonder why they would so this.  I would keep the most successful networks or programs and close the ones that aren't.   Or turn them into streaming categories & put it on peacock.

Edited by 24994J
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2 hours ago, DENDude said:

CNBC Said on air early today, that most of the cable networks mentioned, especially MSNBC were loosing money.  And that according to comcast, MSNBC has been loosing money for quite some time.

Let's face it, after this election saga is over (which may drag on for some time afterwards as long as DJT has a pulse), what will MSNBC do? 

It's existence is to solely conquer Fox "News" and counterbalance all of the stuff they put out.

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5 hours ago, JTT said:

Comcast is considering spinning off their cable networks. 

 

https://finance.yahoo.com/news/comcast-exploring-spinoff-cable-networks-124654274.html

 

I wonder why they would so this.  I would keep the most successful networks or programs and close the ones that aren't.   Or turn them into streaming categories & put it on peacock.

 

As I read in the Variety article, it would be very complicated.  MSNBC and CNBC are part of NBC News and helps pay for news gathering (they are very profitable).  USA is a vehicle for NBC Sports now that they shut down their own sports channel.  Plus they play a big role with Peacock. Universo is tied in with Telemundo, and hosts sports including Spanish simulcasts of SNF and probably SNNBA.  Could E!, Bravo, Oxygen and Universal Kids command enough interest in a spinoff?  They are right to look at it as an option, but anyone thinking this is a done deal is way too premature.

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Meanwhile, I have a feeling Syfy may be going away in the next year. The channel's had a limited amount of new original shows for a while now, but it's currently down to just three shows, one of which has yet to premiere. Also, one recently-canceled show, Chucky, was simulcast on USA Network, while another show, Resident Alien, is moving to that channel altogether. Most of Syfy's schedule consists of sci-fi, fantasy, horror, thriller, and action movies. It could easily be merged into USA Network and its channel space sold off.

 

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8 minutes ago, mre29 said:

Meanwhile, I have a feeling Syfy may be going away in the next year. The channel's had a limited amount of new original shows for a while now, but it's currently down to just three shows, one of which has yet to premiere. Also, one recently-canceled show, Chucky, was simulcast on USA Network, while another show, Resident Alien, is moving to that channel altogether. Most of Syfy's schedule consists of sci-fi, fantasy, horror, thriller, and action movies. It could easily be merged into USA Network and its channel space sold off.

 

I feel like Oxygen's move to OTA, it's more likely to move there down the line with it or as a rebranding of an existing OTA subchannel. I can't see Universal Kids continuing outside a Peacock vertical for sure once the next RTC cycle ends.

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  • 24994J changed the title to Comcast Considering Spinning Off Cable Networks

How about the other channels?  Instead of selling them off, while not transfer those channels like bravo, e channel, & , etc to peacock like the person mention previously with universal kids above or move the most successful programs to USA, & shut those other networks down?   I think by selling off the networks, it will create more issues for Comcast instead of being beneficial because they own channels like cnbc and msnbc, sharing the name with NBC.  USA network has sports, so what are they going to do with the issue of the sports contracts?

 

I thought NBC news was profitable,  but to hear that msnbc was losing money, it didn't make sense.  Why is that?  Are the personalities on the channel making too much?

 

For MSNBC, maybe move their prime time programs to CNBC between 7pm - Midnight,  while CNBC keeps its' business news during the daytime with regular breaking news updates every half hour, if they plan to shut msnbc down. 

 

Basically, instead of owning a bunch of cable networks, they should just concentrate on 2 like USA & CNBC, while moving the rest to peacock or shutting them down.

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On 10/31/2024 at 4:54 PM, tyrannical bastard said:

 

 

19 minutes ago, JTT said:

How about the other channels?  Instead of selling them off, while not transfer those channels like bravo, e channel, & , etc to peacock like the person mention previously with universal kids above or move the most successful programs to USA, & shut those other networks down?   I think by selling off the networks, it will create more issues for Comcast instead of being beneficial because they own channels like cnbc and msnbc, sharing the name with NBC.  USA network has sports, so what are they going to do with the issue of the sports contracts?

 

I thought NBC news was profitable,  but to hear that msnbc was losing money, it didn't make sense.  Why is that?  Are the personalities on the channel making too much?

 

For MSNBC, maybe move their prime time programs to CNBC between 7pm - Midnight,  while CNBC keeps its' business news during the daytime with regular breaking news updates every half hour, if they plan to shut msnbc down. 

 

Basically, instead of owning a bunch of cable networks, they should just concentrate on 2 like USA & CNBC, while moving the rest to peacock or shutting them down.

Strange to hear MSNBC is losing money. Statista puts it as the #3 rated cable network behind Fox News and ESPN.

 

How are some of these cable channels like SyFy still on the air making advertising profits with viewership below 1 million, in some cases below 500,000? 

 

I agree with shutting everything down that isn't MSNBC, CNBC and USA.

 

I don't think merging MSNBC with CNBC would work...but I would love to see all propaganda cable news channels shut down. This is about money however so....

On 10/31/2024 at 4:54 PM, tyrannical bastard said:

Let's face it, after this election saga is over (which may drag on for some time afterwards as long as DJT has a pulse), what will MSNBC do? 

It's existence is to solely conquer Fox "News" and counterbalance all of the stuff they put out.

CNN and MSNBC have such a complex relationship with Trump. They want him out of office because of his ideology, yet his presence is fueling their viewership. 

 

If Trump looses, MSNBC will a) focus on Trump's legal battles, b) return to their pre 2015 strategy: non-stop criticism of Republican policy and congressional legislation blockage, c) they could simulcast NBC News Now and leave the opinions to Primetime. 

Edited by MediaZone4K
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On 10/31/2024 at 2:18 PM, DENDude said:

CNBC Said on air early today, that most of the cable networks mentioned, especially MSNBC were loosing money.  And that according to comcast, MSNBC has been loosing money for quite some time.

I watched the CNBC coverage they posted online when this was breaking, and there was no mention of MSNBC losing money. Comcast never said in their shareholder comments about MSNBC losing money. Are you sure you heard correctly? They talked about how cable networks are a drain on the company due to subscriber declines, but there was no mention of MSNBC being unprofitable or losing money. None of the media stories covering this, including outlets very hostile to MSNBC, have mentioned MSNBC losing money. It's only this discussion forum where MSNBC losing money is considered fact. 

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