Comcast is carving off most of its cable channels. Will its new spinoff be a hunter or prey? The media giant last week put an upbeat spin on its move to shed what Wall Street sees as an albatross ...
And it turns out that the new company, SpinCo, not only will drive about $7 billion in revenue based on current performance of those channels, but – according to a knowledgeable individual ...
"Four seasons of fun" is an ongoing collaboration between Castanet and Visit Penticton showcasing what Penticton has to offer all year round. Watch for it every Monday morning. Enjoy big Black ...
A Penticton man will spend his jail sentence in the community after breaking into the home of his former partner while children were in the house. The 39-year-old man, who will be identified by ...
Comcast chair and CEO Brian Roberts will own the same economic and voting interests in the new company, dubbed "SpinCo," as he has in Comcast, according to an internal memo sent to NBCUniversal ...
It’s the spinoff to end all spinoffs as Comcast spins off its cable networks into a company called SpinCo. The name is so generic that it seems like an afterthought. Also, some might ...
The transaction will be structured as a tax-free spin to existing shareholders. Post Spin-off, the SpinCo’s portfolio would include: A News portfolio including MSNBC - one of the most-watched ...
Instead, he is moving MSNBC and a half dozen other cable channels into “SpinCo,” a pure-play cable programming company. The hope is that spinning off the pressured-but-profitable channels will ...
SpinCo will include basic cable nets MSNBC, CNBC, USA Network, Oxygen, E!, Syfy and Golf Channel along with digital properties Fandango, Rotten Tomatoes, GolfNow and SportsEngine. An official name ...