Comcast considers strategic realignment for cable networks
- Comcast is exploring a possible sale of its cable networks with Morgan Stanley.
- The potential sales include networks such as MSNBC, CNBC, E!, and Bravo.
Eulerpool News·
Comcast, in collaboration with the investment bank Morgan Stanley, is exploring strategic options for its cable television networks. According to insiders, the company is considering whether a sale of the networks might be an option, after it recently announced that it was contemplating such a possibility. Morgan Stanley is assisting Comcast in analyzing various scenarios for the future of the networks. Comcast owns prestigious cable networks such as MSNBC, CNBC, E!, and Bravo. However, the company has not yet specified which of these networks might potentially be spun off. There remains the possibility that Comcast may decide to retain the networks.
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Nov 2, 2024