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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
New York CNN —Comcast is planning to spin off most of its cable television networks, including MSNBC and CNBC, into a separate publicly traded company, according to executives with knowledge of the plan. The spinoff is expected to be formally announced on Wednesday. The Wall Street Journal, which first reported the impending announcement on Tuesday evening, said the involved channels also include USA, Oxygen, E!, Syfy and Golf Channel. While observers may view the spinoff as an attempt to shed cable channels that are losing value in the streaming age, the channels still contribute strong profits to Comcast’s bottom line. Wall Street analysts are predicting further consolidation of major media companies in the years ahead.
Persons: Mark Lazarus, Mike Cavanaugh, Craig Moffett, MoffettNathanson, Organizations: New, New York CNN, Comcast, MSNBC, CNBC, Street, Syfy, Golf, Bravo, NBC, NBC Sports, NBCUniversal Media, Wall Street, NBCUniversal News Locations: New York, USA
CNBC is now accepting nominations for our second annual Changemakers list. The list recognizes women transforming business and philanthropy, female leaders who have accomplished a meaningful achievement in 2024. Changemakers are taking novel approaches to old business problems and identifying new business opportunities. The list will be announced next year, and our second annual Changemakers Summit is set for next spring. Submit a nomination for the 2025 Changemakers list.
Persons: Dina Powell McCormick, Donald Trump, Marcela Miguel Berland, Tory Burch, Burch, Emma Carrasco, Corporate Affairs Srikant Datar, Harvard Business School Dean Karen Finerman, Ken Frazier, Desiree Gruber, Oscar Munoz, Laurene Powell Jobs, Emerson, Merline Saintil, Sheryl Sandberg, Stacy Smith, Spencer Stuart Organizations: CNBC, Fortune, Global Client Services, U.S . Deputy National, Tory, NBCUniversal, Corporate Affairs, Harvard Business School, Metropolitan Capital, Catalyst's Health, Merck, United Airlines, OptionB.org, Annenberg, LeanIn, McKinsey
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
Mr. Holt’s coverage ran on MSNBC immediately after the shooting on Saturday and he was scheduled to interview Mr. Biden on Monday. The person said staff members were surprised on Monday when MSNBC ran programming from its digital news service, NBC News Now, instead of the main NBC News show, “Today,” which was not pre-empted. A spokesman for MSNBC denied that NBC had made the programming change because of political considerations. In a statement, the network said: “Given the gravity and complexity of this unfolding story, NBC News, NBC News NOW and MSNBC have remained in rolling breaking news coverage since Saturday evening. MSNBC made other programming changes after the shooting on Saturday.
Persons: Lester Holt, Savannah Guthrie, Kristen Welker, Mr, Biden, , Joe ”, Ali Velshi Organizations: NBC, MSNBC, NBC News, NBCUniversal News, Republican Locations: Savannah, Milwaukee
Peter Thiel backs Donald Trump over Joe Biden
  + stars: | 2024-06-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPeter Thiel backs Donald Trump over Joe BidenPeter Thiel said he would vote for Donald Trump over Joe Biden in the presidential election while speaking at the Aspen Ideas Festival on Thursday. NBCUniversal News Group is the media partner of the Aspen Ideas Festival.
Persons: Peter Thiel, Donald Trump, Joe Biden Peter Thiel, Joe Biden Organizations: Aspen Ideas, NBCUniversal
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSan Francisco Fed President Mary Daly: PCE data shows us that monetary policy is workingSan Francisco Fed President Mary Daly joins 'Squawk Box' at the Aspen Ideas Festival to discuss the new PCE data and what this data suggests about the overall economy. NBCUniversal News Group is the media partner of the Aspen Ideas Festival.
Persons: Mary Daly Organizations: San, Fed, San Francisco Fed, Aspen Ideas, NBCUniversal
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPeter Thiel supported Elon's X as an ideological project but worries about it as a 'financial thing'Peter Thiel joins the Aspen Ideas Festival on Thursday to give his take on Elon Musk’s social media platform X, formerly known as Twitter. NBCUniversal News Group is the media partner of the Aspen Ideas Festival.
Persons: Peter Thiel, Elon's Organizations: Aspen Ideas, Elon, NBCUniversal
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPeter Thiel still holds some bitcoin but isn't sure the price will rise 'dramatically'Peter Thiel joins the Aspen Ideas Festival on Thursday to give his take on bitcoin. NBCUniversal News Group is the media partner of the Aspen Ideas Festival.
Persons: Peter Thiel Organizations: Aspen Ideas, NBCUniversal
Agility Robotics CEO on deploying humanoid robots
  + stars: | 2024-06-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAgility Robotics CEO on deploying humanoid robotsCNBC's Julie Boorstin sits down with Agility Robotics CEO Peggy Johnson to discuss using humanoid robots. NBCUniversal News Group is the media partner of the Aspen Ideas Festival.
Persons: Julie Boorstin, Peggy Johnson Organizations: Agility Robotics, NBCUniversal, Aspen Ideas
Joe Biden has 'gone too far to the left,' says Sen. Joe Manchin
  + stars: | 2024-06-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJoe Biden has 'gone too far to the left,' says Sen. Joe ManchinSenator Joe Manchin and his daughter Heather Manchin, former CEO of Mylan, join CNBC's 'Squawk Box' from the Aspen Ideas Festival to discuss expectations for the presidential debate, outlooks for both candidates, and more. NBCUniversal News Group is the media partner of the Aspen Ideas Festival.
Persons: Joe Biden, Sen, Joe Manchin, Heather Manchin Organizations: Mylan, Aspen Ideas, NBCUniversal
GE Vernova CEO Scott Strazik: We can meet energy demands of AI
  + stars: | 2024-06-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGE Vernova CEO Scott Strazik: We can meet energy demands of AIGE Vernova CEO Scott Strazik joins CNBC's 'Squawk Box' from the Aspen Ideas Festival to discuss how the company powers AI, wind projects, and more. NBCUniversal News Group is the media partner of the Aspen Ideas Festival.
Persons: Scott Strazik Organizations: GE, Aspen Ideas, NBCUniversal
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAirbnb CEO on supporting OpenAI's Sam Altman: 'You learn a lot about people in a crisis'Airbnb CEO Brian Chesky sits down with CNBC's Andrew Ross Sorkin at the Aspen Ideas Festival to discuss his friendship with OpenAI's Sam Altman, Airbnb's AI developments, and more. NBCUniversal News Group is the media partner of the Aspen Ideas Festival.
Persons: OpenAI's Sam Altman, Brian Chesky, CNBC's Andrew Ross Sorkin Organizations: Aspen Ideas, NBCUniversal
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAirbnb is still trying to work with the city of Barcelona despite the ban, says CEO Brian CheskyAirbnb CEO Brian Chesky sits down with CNBC's Andrew Ross Sorkin at the Aspen Ideas Festival to discuss summer travel, how the company addresses Barcelona's ban on Airbnbs, and more. NBCUniversal News Group is the media partner of the Aspen Ideas Festival.
Persons: Brian Chesky, CNBC's Andrew Ross Sorkin Organizations: Aspen Ideas, NBCUniversal Locations: Barcelona
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
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
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
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
Game-changing female leadership is a topic that is close to my heart, and I'm thrilled to announce a new annual list at CNBC, Changemakers: Women transforming business. The list will highlight 40 trailblazing women who have accomplished meaningful achievements in the past year, women from companies and organizations across all sectors of the economy, including philanthropic organizations. Together, we will highlight how today's successful women leaders are taking novel approaches to old business problems and identifying new business opportunities. To help us identify a diverse and inclusive list, we have created an advisory board of experienced leaders across the business and philanthropic space. CNBC Changemakers are the new icons rewriting the rules and shaping the dynamic business landscape.
Persons: I'm, I've, — Joanne Bradford, Desiree Gruber —, Marcela Miguel Berland, Tory Burch, Burch, Emma Carrasco, Corporate Affairs Srikant Datar, Harvard Business School Dean Karen Finerman, Beth Ford, Ken Frazier, Desiree Gruber, Kris Jenner, Oscar Munoz, Laurene Powell, Emerson, Sheryl Sandberg, Stacy Smith Organizations: CNBC, Fortune, Tory, NBCUniversal, Corporate Affairs, Harvard Business School, Metropolitan Capital, Catalyst's Health, Merck, United Airlines, OptionB.org, Annenberg, CNBC Changemakers Locations: Silicon
Scenes of the mountains in front of the hollywood sign On March 5th 2017 in Los Angeles, United States of America. The contract between the two sides expired just before midnight on Wednesday, capping days of high-stakes negotiations and suspense. (The group represents Comcast, the corporation that owns NBCUniversal; some employees of the NBCUniversal News Group are represented by the WGA.) The actors' strike will likely force other sets to go dark. SAG-AFTRA members authorized a strike on June 5 by an overwhelming margin: 97.91% of the nearly 65,000 members who cast votes.
Persons: Fran Drescher, AFTRA Organizations: SAG, Screen, American Federation of Television, Radio Artists, AFTRA's, Apple, Disney, Netflix, Paramount, Sony, Warner Bros, Writers Guild of America, Comcast, NBCUniversal, WGA, Guild of America, DGA, CNBC, Alliance, Television Producers Locations: Los Angeles, United States of America, Hollywood, NBCUniversal
Meanwhile, Hyundai — including the Kia brand that's owned by the same parent company — increased its EV sales by roughly 11% during that time to 38,457 units. GM, which was second in EV sales through the first quarter, more than quadrupled electric car and truck sales to 36,322 units through June compared with a year earlier. And Volkswagen more than doubled EV sales to 26,538 units sold through June. Scott Mlyn | CNBCGM's EV sales thus far have been disappointing, especially when it comes to new models with the automaker's "Ultium" battery technologies. Correction: GM was second in EV sales through the first quarter of this year.
Persons: Brandon Bell, Tesla, Andrew Frick, hasn't, Elon Musk, Musk, disappoints Hyundai's, Randy Parker, we're, Parker, Scott Mlyn, Cadillac Lyriq, Mary Barra, Barra, It's, , Phil LeBeau, Lora Kolodny Organizations: Getty, Hyundai Motor, General Motors, Motor Intelligence, Hyundai, Kia, GM, Ford Motor, EV, Ford, U.S, Automotive, Biden, Hyundai Motor America, New York Auto Show, CNBC, GMC Hummer, Cadillac, Chevrolet, Aspen Ideas, Chevrolet Silverado, Detroit Locations: Austin , Texas, U.S, Mexican, Texas, North America, South Korea
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
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