Tag: CNBC
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MS Now, CNBC, & Other Versant Networks See Revenue Drop After Being Spun Off From Comcast As They Try to Move Away From Relying on Cable TV Subscriptions
Versant, the newly independent media company that owns a portfolio of prominent cable networks including CNBC, USA, E!, Syfy, Oxygen, Golf Channel and MS Now, reported its first-quarter financial results for 2026 on Thursday. The company, which began trading on the Nasdaq in early January following its separation from Comcast’s NBCUniversal, recorded revenue of $1.69…
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Comcast Will Soon Get Rid Of MS Now, CNBC, USA Network, & More Into a New Company – Here is When That is Happening
Comcast Corporation has postponed the planned spin-off of its portfolio of cable television networks and related digital assets into a new independent company originally named Versant Media Group. Oriignally planned to be done by the end of 2025 now it has been pushed to January of 2026. The separation, which would have created a publicly…
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NBCU Spinoff Versant Launches USA Sports Banner for WWE, WNBA, NASCAR & More Ahead of MSNBC Rebrand
Versant, the future spin-off company of NBCUniversal, just gave its new sports division a name. USA Sports will house the company’s live-sports footprint across its linear networks and their related digital platforms. The move formalizes a sprawling lineup of rights that includes NASCAR, Premier League, WNBA, WWE, PGA Tour, and others. Under the USA Sports…
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MSNBC, CNBC, & More Now Have $2 Billion in Debt As Comcast Gets Ready to Get Rid of Its Cable Networks
Comcast Corporation’s long-anticipated spin-off of its cable television assets is barreling toward completion, saddled with a staggering $2 billion in fresh debt that could reshape the fortunes of iconic networks like MSNBC, CNBC, and others. According to a report from Bloomberg, the newly independent Versant Media Group, set to house these legacy channels, will emerge…
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Comcast is Laying Off More Staff at CNBC
CNBC, a leading business news network, has initiated a downsizing plan targeting up to two dozen employees within its international operations, which are primarily based in London and Singapore, with additional offices in other global cities. The layoffs, centered on the digital editorial division, are part of a broader effort to realign the network’s organizational…
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Amazon’s Jeff Bezos Eyes Buying CNBC
Amazon billionaire Jeff Bezos is reportedly considering a bold move to acquire CNBC, the prominent cable network known for business programs like “Squawk Box” and “Mad Money with Jim Cramer,” according to sources familiar with the matter that talked with The New York Post. The 61-year-old e-commerce magnate has expressed interest in purchasing the network…
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How to Watch Championship Sunday 2025 | Premier League Live on Roku, Fire TV, Apple TV & More on June 1
NBC Sports is the home of Championship Sunday and Peacock stream games throughout the day. Fans can tune into 15 total matches, with 9 streaming on Peacock, and six streaming exclusively on the platform. You can checkout the full Championship Sunday schedule here. As the Premier League season concludes, USA Network, SyFy, CNBC, NBC and Peacock…
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CNBC+ Streaming Service Launches on Apple TV and Roku, Offering CNBC Without a Cable TV Subscription
CNBC, the self-proclaimed “First in Business Worldwide,” has officially launched its much-anticipated streaming subscription service, CNBC+, on Apple TV and Roku as of today, April 2, 2025. Priced at $14.99 per month, the service offers subscribers unparalleled access to CNBC’s extensive business news coverage, spanning live and on-demand programming from the U.S., Europe, and Asia.…
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MSNBC, CNBC, & More Will Get a New Leadership Team After Being Spun Off From Comcast Into New Independent Company
Comcast’s upcoming cable network spinoff, tentatively dubbed “SpinCo,” has named Jordan Fasbender as its chief counsel, completing the senior management lineup for the soon-to-be independent company. Mark Lazarus, former NBCUniversal Media Group chairman and prospective CEO of the new entity, announced the hire in a memo to employees obtained by Deadline, a seasoned legal expert…
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CNBC Announces Its New $14.99 a Month Streaming Service But With a Catch
CNBC is set to join the streaming wars with the launch of CNBC+, a new stand-alone streaming service slated to debut in the first quarter of 2025, according to a report by Variety. Cord Cutters News first reported that the price would be $14.99 a month as CNBC quietly launched its new streaming service. Now…