IS COMCAST’S CABLE SPINOFF A BUYER OR A SELLER?
https://media.zenfs.com/en/variety.com/0bcdfe6a0d818f054e86ffcde67f7e56
✍️ Comcast is spinning off most of its cable channels, creating a new company called SpinCo, which will house basic cablers MSNBC, CNBC, USA Network, Oxygen, E!, Syfy and Golf Channel, among others.
👉 Comcast is spinning off most of its cable channels to create a new company called SpinCo 👉 SpinCo will house basic cablers MSNBC, CNBC, USA Network, Oxygen, E!, Syfy and Golf Channel, among others 👉 Comcast will retain the NBC broadcast network and the Peacock streaming hub 👉 SpinCo will have a well-capitalized balance sheet with strong credit metrics 👉 There is a possibility that a private equity firm or strategic buyer could acquire SpinCo
-- #MikeCavanagh #MarkLazarus #BenSwinburne #ScottRobson #FrankLouthan #HowardGutman #business
Loading quoted post…
