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Comcast Spins Out Cable Networks
30 minutes Posted Nov 21, 2024 at 9:00 pm.
Comcast is shedding cable networks including MSNBC, USA Network, and CNBC from the parent, and putting them in a new company, temporarily called SpinCo.
Bill Barker and Ricky Mulvey discuss:- Nvidia’s quarter and data center growth.- Why Comcast is spinning off its cable assets.- Microstrategy’s unusual bond offering.Then,
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Comcast is shedding cable networks including MSNBC, USA Network, and CNBC from the parent, and putting them in a new company, temporarily called SpinCo.(00:14) Bill Barker and Ricky Mulvey discuss:- Nvidia’s quarter and data center growth.- Why Comcast is spinning off its cable assets.- Microstrategy’s unusual bond offering.Then, (17:04) a replay of Scoreboard, hosted by Anand Chokkavelu. Matt Argersinger and Anthony Schiavone take a look at Sunbelt REIT, Eastgroup Properties.Visit our sponsor: Get $1,000 off Vanta at www.vanta.com/foolCompanies discussed: NVDA, CMCSA, MSTR, EGPHost: Ricky MulveyGuests: Bill BarkerProducer: Mary LongEngineer: Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices