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Comcast announced a plan Wednesday to spin off most of its cable television networks into a separate publicly traded company. The new company will include the USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and the Golf Channel. Comcast will retain key NBCUniversal assets, including the NBC broadcast network, NBC News, NBC Sports, the streaming service Peacock, and the cable channel Bravo. The move comes as the traditional cable television bundle faces stiff economic headwinds, most notably the rise of cord-cutting and the shift to streaming alternatives. Matt Strauss will become chairman of the NBCUniversal Media Group.
Persons: Mike Cavanagh, ” Cavanagh, , Cavanagh, Mark Lazarus, Anand Kini, Dan Ives, , ” Rich Greenfield, ” Greenfield, Cesar Conde, Conde “, ” Donna Langley, Peacock, Matt Strauss, Mark Woodbury Organizations: Comcast, USA Network, CNBC, MSNBC, SYFY, Golf Channel, NBC, NBC News, NBC Sports, Bravo, Wall Street Journal, Wedbush Securities, LightShed Partners, Wednesday, NBCUniversal, Group, Telemundo, NBCUniversal Entertainment, Studios, NBCUniversal Media, Universal, General Electric, Netflix, Amazon Prime Locations: NBCUniversal
Comcast is expected to announce a plan Wednesday to spin off its cable networks into a separate company, two people familiar with the matter told NBC News. Comcast had announced during its quarterly earnings call in October that it was considering spinning off its cable networks. Bravo will remain part of Comcast’s NBCUniversal because its content is heavily featured on Peacock, CNBC reported. Comcast Chairman and CEO Brian Roberts will have a voting position in the new entity, but he won't be on the board of directors, CNBC reported. Executive Vice President Adam Miller will become NBCUniversal’s chief operating officer, CNBC reported.
Persons: Mike Cavanagh, Peacock, Peacock's, Mark Lazarus, Anand Kini, Brian Roberts, Donna Langley, Matt Strauss, Cesar Conde, Adam Miller Organizations: Comcast, NBC News, MSNBC, Syfy, Golf, CNBC, Oxygen, Wall Street Journal, NBC, NBCUniversal, Bravo, Paris, NBCUniversal Entertainment, Studios, NBCUniversal Media Group, Group, Telemundo Locations: USA, NBCUniversal
Joe Scarborough, speaking alongside co-hosts Mika Brzezinski and Willie Geist, offered viewers a peek behind the curtain into the conspicuous decision-making process that transpired over the weekend. Without “Morning Joe” airing on Monday, viewers rebelled against MSNBC, opting to change the channel, Nielsen data indicated. The move to bench the “Morning Joe” crew, after all, didn’t happen in a vacuum. Which is why, perhaps, Comcast is involved in cleaning up the “Morning Joe” mess. I’m told that the company’s president, Mike Cavanagh, rescheduled meetings on Tuesday to grapple with the fallout stemming from the “Morning Joe” commentary.
Persons: CNN — Cesar Conde, , Joe ”, Donald Trump, Joe Scarborough, Mika Brzezinski, Willie Geist, Scarborough, , Lester Holt, Savannah Guthrie, Joe, , ” Scarborough, Joe Biden, Nancy Pelosi, Conde, Trump, Brian Roberts, Roberts, ” Trump, radicalizing, Donald Trump Jr, Sarah Huckabee Sanders, it’s, I’m, Mike Cavanagh, bode Organizations: CNN, MSNBC, NBC, Group chairman’s, Nielsen, NBC News Group, Comcast, RNC, NBCU, Locations: Scarborough, Savannah, Acela
CNN —The hosts of MSNBC’s “Morning Joe” rebuked the network’s leadership on Tuesday, expressing dismay over the decision to pull the flagship morning show program from the air Monday and telling viewers that they were not provided clear answers about the matter. But, as he noted, “that did not happen.”“We don’t know why that was that didn’t happen. Our team was not given a good answer as to why that didn’t happen,” Scarborough said. “But it didn’t happen.”get reliable sources in your inbox A daily digest chronicling the evolving media landscape with uncompromising reporting and analysis. The decision to pull “Morning Joe” was made with that political reality in mind.
Persons: Joe ”, Joe Scarborough, Mika Brzezinski, Willie Geist, Donald Trump, ” Scarborough, Cesar Conde, Rashida Jones, Brzezinski, ” Geist, we’d, ” Brzezinski, Organizations: CNN, NBC, NBCUniversal News Group, MSNBC, NBCUniversal News, Comcast, Sunday Locations: MSNBC’s, Scarborough
New York CNN —MSNBC will not air “Morning Joe,” its celebrated politics roundtable program, on Monday, opting to instead air continued breaking news coverage of the attempted assassination of former President Donald Trump. The progressive news network confirmed the decision to preempt its influential and top-rated morning show after a CNN inquiry Sunday evening. GET reliable sources in your inbox A daily digest chronicling the evolving media landscape with uncompromising reporting and analysis. MSNBC has, in particular, been blasted by Trump’s allies, putting the network in the spotlight. Last year after Hamas executed its deadly October 8 attack on Israel, MSNBC quietly pulled three of its Muslim broadcasters from air.
Persons: , Donald Trump, Cesar Conde, Rashida Jones, Joe Scarborough, Mika Brzezinski, It’s, Semafor Organizations: New, New York CNN, MSNBC, CNN, Republican National Convention, NBC News, NBCUniversal News, Trump, Comcast Locations: New York, Israel
Cesar Conde is not the typical leader of a major news institution. A Wharton-trained executive who revived the fortunes of Telemundo and sits on the boards of Pepsi and Walmart, Mr. Conde had limited experience in journalism when, in 2020, he became the chairman of NBC’s sprawling news division, including MSNBC, CNBC, and franchises like “Meet the Press,” “Nightly News” and the “Today” show. Now he is trying to navigate the biggest crisis of his tenure: a journalistic firestorm that prompted an open revolt among his stars and has fueled internal questions about just how neatly Mr. Conde’s corporate experience and ambitions gel with the unique challenges of the news business. The blowback facing Mr. Conde, 50, a former fellow in George W. Bush’s White House who prides himself on having an even-keeled, nonpartisan reputation, is coming from both sides of the aisle. Left-leaning fans of MSNBC felt betrayed, and Republican officials are mocking NBC as biased, even threatening to bar its reporters from this summer’s nominating convention.
Persons: Cesar Conde, Wharton, Conde, Ronna McDaniel, Mr, Donald J, George W, Bush’s Organizations: Telemundo, Pepsi, Walmart, Mr, MSNBC, CNBC, Press, Republican National Committee, NBC
Yet the idea of building rosters of paid political contributors took off with cable news. MSNBC, CNN and Fox News Channel are, in large part, political talk channels and seek experts to help fill the time. Being on call to opine can be lucrative work; several reports had NBC agreeing to pay McDaniel $300,000 a year. Even NBC News, whose MSNBC cable outlet appeals to liberals, has more than a dozen Republican contributors. John Kasich and Bulwark founder Charlie Sykes — either predate Trump in their active political work or oppose him, or both.
Persons: , Ronna McDaniel, Donald Trump, McDaniel, Chuck Todd, Rachel Maddow, Cesar Conde, , Mark Whitaker, Shana Alexander, James Kilpatrick's, George Stephanopoulos, Tim Russert, Michael Steele, John Kasich, Charlie Sykes —, MAGA, Reince Priebus, Mick Mulvaney, Mulvaney, Priebus, Tom Bossert, Alyssa Farah Griffin, Trump, David Urban, Mark Esper, Griffin, Mike Pompeo, Alex Conant, Mark Lukasiewicz, ” Lukasiewicz, , Jay Rosen, NBC's Conde, McDaniel didn't, Joe ”, Mika Brzezinski, That's, ” Conant, Brian Roberts, Conde, Rebecca Blumenstein, Rashida Jones, Carrie Budoff Brown, Jones, Margaret Sullivan, ___ David Bauder Organizations: NBC News, Republican National Committee, GOP, Republican, NBC Universal, MSNBC, CNN, Fox News, NBC, RNC, Ohio Gov, Trump, CBS, ABC News, Trump Homeland Security, Networks, Hofstra, “ Journalists, New York University, ” Networks, Republicans, Comcast, Washington Post, Center for Journalism, Columbia University, Guardian, Associated Press Locations: Washington, MSDNC
It’s difficult to succinctly summarize the disastrous state of affairs at the news division, given that multiple engines are failing simultaneously. sand and refusing to dump McDaniel until after his top television personalities, including Chuck Todd and Rachel Maddow, went on the air and excoriated the hire. Ironically, NBC News’ attempt to make inroads with Republicans through the hiring of McDaniel has had the opposite effect. On Wednesday, Trump spent part of the day ranting on Truth Social against the Comcast boss over the McDaniel disaster, characterizing Roberts as a weak leader whose employees are running amok. I asked Comcast spokespeople on Wednesday if either Roberts or Cavanagh were taking any action.
Persons: Brian Roberts, Cesar Conde, Conde, , Ronna McDaniel, McDaniel, Chuck Todd, Rachel Maddow, Puck’s Dylan Byers, Byers, Carrie Budoff Brown, Republican Richard Walters, Todd, ” Brown, Richard Walters, Stephen Labaton, Labaton bashed, Labaton, Rashida Jones, Jones, Rebecca Blumenstein, Blumenstein, I’m, Elon Musk, Donald Trump’s, Biden, Tom Cotton, Roberts, Trump, ” Trump, It’s, can’t bode, Conde’s, Michael Cavanagh, Cavanagh Organizations: New York CNN, Comcast, NBC News, NBC Universal News Group, Republican National, NBC, MSNBC, NBC News ’, Republican, NBCU, Fox, The New York Times, NBCU News, , Comcast spokespeople Locations: New York, Miami, Washington, MSDNC
New York CNN —Only 80 hours elapsed between NBC News announcing Ronna McDaniel as a paid contributor and the network ousting her from that very role. But for the leadership at NBC Universal News Group, those were 80 painful hours. “What a sh*t show!” a media executive exclaimed to me Tuesday shortly after Conde relieved McDaniel of her NBC News credentials. “These Radical Left Lunatics are CRAZY and the top people at NBC ARE WEAK,” Trump raged on his Truth Social platform. The objection to McDaniel from both within and outside of NBCU was not that she is a Republican.
Persons: Ronna McDaniel, Cesar Conde, , ” Conde, , I’m, McDaniel, Conde, Ronna, Anna Moneymaker, it’s, Cesar, Peacock, Donald Trump, ” Trump, Ari Fleischer, George W, Bush, NBCU, Rachel Maddow, Joy, ” Maddow Organizations: New, New York CNN —, NBC News, NBC Universal News Group, NBCU News, Republican National Committee, NBC, NBCU, MSNBC, Conde, Trump, Republican Locations: New York, NBCU
Ronna McDaniel wants to be paid for her two-year contract after she was axed as a NBC News contributor, per Politico. McDaniel made an appearance on "Meet the Press" this past Sunday and was let go on Tuesday. It means that McDaniel's interview with moderator Kristen Welker could cost NBC News about $30,000 per minute. Todd on Sunday told Welker during the "Meet the Press" taping that top network leaders needed to apologize to her. (Welker affirmed that the interview was scheduled before McDaniel had been brought on by the network.)
Persons: Ronna McDaniel, McDaniel, Bryan Freedman, , Kristen Welker, Bryan Freedman —, Megyn Kelly, Don Lemon, Chris Cuomo, Freedman, aren't, Chuck Todd, Joe, Joe Scarborough, Mika Brzezinski, Brzezinski, Todd, Welker, Cesar Conde, Conde Organizations: NBC, Politico, Service, Republican National Committee, NBC News, Sunday, NBCUniversal News, Business Insider Locations: Scarborough
New York CNN —Cesar Conde has a decision to make — and it’s not an especially difficult one. The NBCUniversal News Group chair is facing a torrent of backlash from his own staff after greenlighting the hire of former Republican National Committee chair Ronna McDaniel as a paid network contributor. It does not take a brilliant political mind with prescient foresight to understand that hiring McDaniel would ignite a firestorm of outrage — from both within 30 Rock and outside it. After all, which NBC or MSNBC program is going to invite her on after all of this? I asked his spokesperson, Stephen Labaton, on Monday whether the NBCU News Group boss had any comment on the situation.
Persons: Cesar Conde, it’s, Ronna McDaniel, McDaniel, they’re, Chuck Todd, Rachel Maddow, Conde, It’s, Rebecca Blumenstein, Carrie Budoff Brown, Rashida Jones, Donald Trump, Republican Party ”, Tucker Carlson, Candace Owens, Conde —, , Stephen Labaton, Maddow, ” Maddow Organizations: New, New York CNN, NBCUniversal, Republican National Committee, NBC, MSNBC, NBCU, NBCU News, Peacock, Republican, NBC News, RNC, Republican Party, GOP, , Press, Trump, Locations: New York
Creative Artists Agency, the talent agency that brokered McDaniel’s deal with NBC, also parted ways with her, the person said. McDaniel, who recently stepped down from the RNC under pressure from former President Donald Trump, was involved in attempts to overturn the results of the 2020 election. NBC’s announcement Friday that it had hired McDaniel was quickly met with alarm by the network’s journalists. Welker disclosed that the interview had been scheduled to take place prior to NBC announcing McDaniel would become a paid contributor for the network, stating that she had no involvement in her hiring. MSNBC president Rashida Jones also did not object to the decision, people familiar with the matter said.
Persons: Ronna McDaniel, Cesar Conde, , ” Conde, McDaniel, Donald Trump, Joe Biden, Biden, Kristen Welker, Welker, Chuck Todd, , ” Todd, Mika Brzezinski, Joe Scarborough, Joe, ” Brzezinski, Joe ’, ” Nicolle Wallace, peddle, ” Wallace, Rachel Maddow, , ” Maddow, hasn’t, Rebecca Blumenstein, Carrie Budoff Brown, Rashida Jones, Joy Reid, Maddow Organizations: New, New York CNN, NBC, Republican National Committee, News, ” NBCUniversal, CNN, Creative Artists Agency, MSNBC, Peacock Network, RNC, , NBC News, Todd, Republicans, NBCUniversal News Locations: New York, Michigan, Detroit
NBC News is dropping Ronna McDaniel as a contributor, per a memo. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNBC News will drop former Republican National Committee chair Ronna McDaniel as a paid contributor after on-air criticism of the hiring from some of the network's top talent. She was also dropped by Creative Artists Agency, the talent agency that helped secure the initial deal between McDaniel and NBC, the outlet reported.
Persons: Ronna McDaniel, Trump's, , Cesar Conde, McDaniel, McDaniel —, Chuck Todd, cohosts Joe Scarborough, Mika Brzezinski, Rachel Maddow Organizations: NBC, Service, Republican National Committee, Business, CNN, Creative Artists Agency, RNC, NBC News, MSNBC, Politico
The Walt Disney Company announced on Wednesday that a longtime executive at the company, Debra OConnell, would become the president of a newly created division that will include ABC News and the company’s local stations. Image Debra OConnell will become the president of a newly created division that will include ABC News and the company’s local stations. Credit... Randy Shropshire/Variety, via Getty ImagesThe reorganization mirrors what has taken place at other network news divisions. Several executives at NBC News report to Cesar Conde, the chairman of the so-called NBCUniversal news group, a division that includes local news and cable networks like MSNBC. Wendy McMahon, the president of CBS News, also oversees local stations.
Persons: Debra OConnell, OConnell, ” Kim Godwin, Debra, ” Dana Walden, Randy Shropshire, Cesar Conde, Wendy McMahon Organizations: Walt Disney Company, ABC, America, ABC News, Disney Entertainment, Variety, Getty, NBC, MSNBC, CBS News
Comcast president Cavanagh shakes up NBCUniversal leadership
  + stars: | 2023-07-06 | by ( ) www.reuters.com   time to read: +1 min
Cavanagh, who has been running NBCUniversal since April, said he would continue to lead the division as president of Comcast and not name a new CEO. In his first major action since taking the helm of the unit, Cavanagh also named Mark Lazarus as chairman of NBCUniversal Media Group while Cesar Conde will expand his role as head of the news division to oversee NBCUniversal Local and Telemundo Enterprises Group. Pearlena Igbokwe will continue to lead the four TV studios under the Universal Studio Group umbrella. Cavanagh took charge after Jeff Shell left following the acknowledgment of an inappropriate relationship with a woman in the company. Before his role as president, Cavanagh had served as the finance chief.
Persons: Mike Cavanagh, Donna Langley, Cavanagh, Mark Lazarus, Cesar Conde, Pearlena Igbokwe, Jeff Shell, Akash Sriram, Tanya Jain, Dawn Chmielewski, Sriraj Organizations: NBCUniversal, Group, Reuters, Comcast, NBCUniversal Media, NBCUniversal Local, Telemundo Enterprises Group, Universal Studio Group, Thomson Locations: Bengaluru, Dawn, Los Angeles
Other executives who will remain on Mr. Cavanagh’s leadership team include Cesar Conde, chairman of NBCUniversal News Group, who will gain oversight of Telemundo and NBC’s local stations, and Mark Woodbury, the company’s parks chief. Mr. Cavanagh is essentially winnowing the number of executives who report directly to him, streamlining the company’s leadership ranks. He will also continue to work directly with Adam Miller, an executive vice president overseeing operations and technology as well as communications, human resources and corporate social responsibility; Kim Harris, the company’s general counsel; Anand Kini, NBCUniversal’s chief financial officer; and Craig Robinson, executive vice president and chief diversity officer. The promotions were the first major step taken by Mr. Cavanagh since he took over leadership of the company. Its previous chief executive, Jeff Shell, stepped down after an investigation into sexual harassment.
Persons: Mike Cavanagh, Cavanagh, Donna Langley, Mark Lazarus, Cavanagh’s, Cesar Conde, Mark Woodbury, Adam Miller, Kim Harris, Anand Kini, Craig Robinson, Jeff Shell Organizations: NBCUniversal News, Telemundo
NBCUniversal insiders are reeling after chief Jeff Shell's stunning departure and asking questions about what's next for the Comcast division. News of Shell's hasty exit dropped April 23 after an investigation into what he called an "inappropriate relationship" with a company employee. "It's shocking," said one employee, wondering how an executive at Shell's level would take such a risk with his career. Two staffers also grumbled that the company hasn't widely addressed the matter internally since its terse statement announcing Shell's exit. Keeping Cavanagh atop NBCU could serve another purpose — to help bring about a merger of Comcast with Warner Bros.
They're asking what Comcast exec Mike Cavanagh's elevation to handle Shell's remit means for NBCU's future. NBCUniversal insiders are reeling after chief Jeff Shell's stunning departure and asking questions about what's next for the Comcast division. News of Shell's hasty exit dropped Sunday after an investigation into what he called an "inappropriate relationship" with a company employee. "It's shocking," said one employee, wondering how an executive at Shell's level would take such a risk with his career. Keeping Cavanagh atop NBCU could serve another purpose — to help bring about a merger of Comcast with Warner Bros.
NBCUniversal CEO Jeff Shell's exit shocked company insiders and all of Hollywood. NBCUniversal CEO Jeff Shell's bombshell departure on Sunday night was a surprise to the well-regarded executive and also to his closest colleagues. Deadline reported that Shell's relationship was with CNBC's senior international correspondent, Hadley Gamble, which lasted 11 years but had ended a couple of years ago. "Comcast is as buttoned-up and straight as ever — this is a black eye for Brian Roberts," the Comcast CEO. A second company insider, however, said that Cavanagh is expected to remain in the role for some time.
Noah Oppenheim was named president of NBC News in February 2017. NBC News President Noah Oppenheim is stepping down as part of a restructuring which splits up leadership of key programs in the network’s news division. Rebecca Blumenstein , a top New York Times editor, will become president of editorial at NBC News, a new role overseeing all editorial, newsgathering, “Meet the Press,” “Dateline” and NBC News Studios, said NBCUniversal News Group Chairman Cesar Conde.
New York CNN —On paper, Cesar Conde is the chair of NBCUniversal News Group. But on Wednesday he also appointed himself as the effective president of NBC News. But the NBCU News Group boss notably declined to select a single successor to oversee the sizable portfolio of Oppenheim. Leist will continue to oversee “Today” and Rodriguez will oversee “Nightly” and NBC News NOW. All three executives — Blumenstein, Leist, and Rodriguez — will report directly to Conde, making him the ultimate network boss.
NBC News’ longtime president, Noah Oppenheim, is stepping down but will stay with NBCUniversal to produce movies and scripted television shows, the company announced Wednesday. Rebecca Blumenstein, a deputy managing editor of The New York Times since 2017, will step into the new role of president of editorial, Conde said. “We are excited for his new chapter and that he will continue to work closely with NBCUniversal in this new role,” Conde said of Oppenheim. In addition, Janelle Rodriguez, who helped develop NBC News’ highly successful and profitable news streaming service, is joining the leadership team as executive vice president of NBC News NOW. “Under her leadership, NBC News NOW has been the largest and fasted growing streaming news network and provides more live programming than any other streaming news service,” the company said in a statement.
Jan 11 (Reuters) - NBC News appointed New York Times Deputy Managing Editor Rebecca Blumenstein to a newly created role of president of editorial, the broadcaster announced on Wednesday. NBC News President Noah Oppenheim, who led the division since 2017, will depart in a shake-up that includes two other executive appointments. Before that, she worked for 21 years at the Wall Street Journal, where her positions included deputy editor-in-chief, page one editor, international editor and editor of WSJ.com. As part of the restructuring, NBC News promoted Libby Leist to executive vice president, TODAY and Lifestyle, and promoted Janelle Rodriguez to executive vice president at the NBC News NOW streaming network. Prior to running NBC News, Oppenheim spent two years as executive in charge of the morning news broadcast TODAY.
New York CNN Business —NBC News president Noah Oppenheim will exit the network as part of a restructuring announced Wednesday that will replace his role with three executives, including Rebecca Blumenstein, a deputy managing editor of The New York Times. Oppenheim led NBC News through the tumultuous presidency of Donald Trump. “I leave with enormous pride in all that we’ve accomplished together,” Oppenheim wrote in a note to NBC News staff. As part of the restructuring, Conde also announced that Libby Leist had been promoted to executive vice president of “Today” and lifestyle. And Conde said that Janelle Rodriguez had been named executive vice president of NBC News NOW, the company’s streaming service.
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