Comcast to Sell Literally, Admittedly Failing Network MSNBC and Oprah's Grifter Network

A week ago, news came that Comcast was considering spinning off these valueless, money-losing properties.

Comcast said it was considering spinning off its cable networks that include CNBC and MSNBC into a separate company, as the media industry grapples with a decline in traditional TV viewership due to cord-cutting by consumers shifting to streaming.

The potential spin-off would exclude the NBC broadcast network and the Peacock streaming service. The company, however, is interested in seeking a partner for Peacock to help grow that business, Comcast president Mike Cavanagh said on Thursday.

So they want to partly sell off Peacock. They want someone to take a share of the losses.

"We chose not to participate in the M&A process around Paramount in the earlier part of this year. But we would consider partnerships in streaming," Cavanagh added. Shares of Comcast were nearly 3% higher in early trading as the company also reported better-than-expected revenue for the third quarter on the back of box office hits and an Olympics-driven surge in ad sales.

Declining profitability in cable TV has been pushing media companies to explore options for their legacy businesses, even as they struggle to stem losses at their streaming services.

Now comes word that Comcast is officially putting these loser properties up for sale.

Eric Daugherty @EricLDaugh

NEW: Comcast reportedly set to sell left-wing network MSNBC

I'm not sure if he's just repeating the already-reported news of a potential sale, or if he's saying he has word that MSNBC will be sold.

MSNBC's ratings have crashed since the election they claimed was in the bag for Kamala Harris. Their audience can't be happy they were lied to throughout the campaign.

Benny Johnson @bennyjohnson

Proof the atomization of Corporate Media is upon us

MSNBC ratings have precipitously cratered since Trump's sweeping victory on Election Day:

Morning Joe -- down 39.6%
Joy Reid's Reidout -- down 54.6%
Andrea Mitchell -- down 39.7%
Ari Melber -- down 49.6%
All-in w Chris Hayes -- down 47.2%
Alex Wagner Tonight- down 53.6%
Lawrence O'Donnell -- down 60.6%
Stephanie Ruhle -- down 67%

On Election Night, 25% of cable networks' usual viewers chose not to watch-- instead tuning into independent creators' record-breaking streams like ours.

Trump isn't even in office yet is already defeating the fake news.

The Golden Age of media.

I can't think of any other potential buyers other than George Soros or, say, a joint partnership between Soros and a cadre of other communist billionaires. The networks do not make money, they just make leftwing narratives. They have no economic value.

Oh -- Time magazine is on the chopping block, too.

posted by Disinformation Expert Ace at 12:31 PM

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