Comcast Announces It's Dumping MSNBC and Other Dying Cable Channels

Comcast is making a major play to displace Groomer Corporation Disney as America's top tourist destination with its Epic Universe theme park in Orlando.

What they don't need is Disney's disgusting baggage in the form of toxic extremist politics.

I'm just guessing about the relationship between these stories. No one is saying this.

Whether my guess is true or not, Comcast is attempting to ditch MSNBC, and sooner rather than later.

John Nolte says the move is just for purposes of separating Comcast's viable properties from its dying ones, so that its stock price isn't weighed down by dying cable channels.

Maybe.

With the inevitable death of cable TV accelerating, communications giant Comcast has decided to cut its losses and separate from MSNBC and other cable networks.

"Comcast Corporation today announced its intent to create a new publicly traded company comprised of a strong portfolio of NBCUniversal's cable television networks, including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel," read a company statement.

Also spinning off into the new company are the "complementary digital assets including Fandango and Rotten Tomatoes, GolfNow and Sports Engine[.]"

For now, Comcast is calling this new company "SpinCo."

Here's what Comcast will hold onto...

"The planned spin-off will also strategically position NBCUniversal with its leading broadcast and streaming media properties, including NBC entertainment, sports, news and Bravo -- which all power Peacock -- along with Telemundo, the theme parks business and film and television studios."

NBCUniversal is, of course, the NBC broadcast network and the film and TV studio, Universal Studios. Bravo, which originally launched in 1980 as an upscale performing arts network, is now a powerhouse of reality TV. It delivers programming that's cheap to produce (Real Housewives franchise, Top Chef, Project Runway, etc.), that attracts millions of viewers, and makes insane profits. Bravo is vital to Comcast's streaming platform, Peacock (which will also remain with the mother ship), not only because its programming is popular but Peacock subscribers love to dig in and binge those shows.

...

So why is Comcast dumping the rest? Three reasons... 1) stock price, 2) stock price, 3) stock price.

Cable TV is dying. It is a slow death, one I've been documenting for a decade, and we have now reached the beginning of the end.

I saw a claim, either on X or in the comments, that NBC was attempting to distance itself from MSNBC, even though NBC "News" is just as bad as MSNBC and features many of the same "journalists," and supposedly was cutting off ties with MSNBC. But I can't see that being reported anywhere.

The Flagrantly Adulterous Duo of Joe and Mika joked -- or "joked" -- "We can be fired tomorrow," discussing the move.

From your lips to God's ears, Hitler-Lovers.

posted by Ace at 01:33 PM

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