Comcast has begun to explore a separation of its cable networks business.
During Thursday’s earnings call with investors, Mike Cavanagh, president of Comcast, said the company is exploring creating “a new, well-capitalized company owned by our shareholders and comprised of our strong portfolio of cable networks.”
Who wants to buy this though? No one wants to pay $100/month for tv and the industry is in massive decline. Can’t imagine there will be many companies queueing up to buy this.
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Comcast has begun to explore a separation of its cable networks business.
During Thursday’s earnings call with investors, Mike Cavanagh, president of Comcast, said the company is exploring creating “a new, well-capitalized company owned by our shareholders and comprised of our strong portfolio of cable networks.”
More: [https://www.cnbc.com/2024/10/31/comcast-is-exploring-separation-of-cable-business.html](https://www.cnbc.com/2024/10/31/comcast-is-exploring-separation-of-cable-business.html)
Who wants to buy this though? No one wants to pay $100/month for tv and the industry is in massive decline. Can’t imagine there will be many companies queueing up to buy this.