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New shared arena with Sixers, Flyers planned for South Philadelphia Sports Complex

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A new shared arena for the 76ers and Flyers is coming to the South Philadelphia Sports Complex as part of a 50/50 partnership between...
Bussiness

Mark Lazarus Sets Executive Team at Comcast SpinCo Cable Business

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Comcast‘s SpinCo cable business is beginning to take shape under incoming CEO Mark Lazarus and CFO Anand Kini. Comcast on Thursday announced the senior leadership...
Bussiness

Paramount, Comcast Strike New Multiyear Distribution Deals Covering Networks, Streamers

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Paramount Global, which is set to be acquired by David Ellison’s Skydance Media, and NBCUniversal parent Comcast unveiled the renewal of comprehensive distribution agreements on...
Sports

Why Every Cable Network Is a Sports Channel Now

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When Comcast decided to spin off its cable channels into a new standalone venture in November (working title: SpinCo), it added some extra spin...
Bussiness

Comcast stock falls after management warns broadband subscribers will drop by over 100,000 in Q4

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Comcast (CMCSA) shares fell as much as 7.5% Monday after Dave Watson, president and CEO of Comcast Cable, said the...
Bussiness

Post-Election 2024, News Business Tackles Multi-Front Revolution

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The news business – along with much of the U.S. population – is still trying to make sense of what happened in this year’s...
Bussiness

All Bets Are Off for MSNBC, CNBC and Bravo: Behind the TV Spinoff That Will Shake Up Cable

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The Sunday before Election Day, NBCUniversal had corporate synergy in full swing. 30 Rockefeller Plaza played home — for a day at least — to...
Bussiness

Comcast to Spin Off Cable Nets Under CEO Mark Lazarus, Touting “New Growth Trajectory,” Deals

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Comcast made things official on Wednesday, unveiling the spin-off of most of its cable networks into a separate entity, led by Mark Lazarus as...
Bussiness

Comcast to Unveil Spinoff Plan for Cable Networks

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In a sign of just how embattled the pay TV business is, a Comcast idea to spin off its cable channels went from Wall...
Bussiness

Comcast Plans Massive Cable Spin-Off, Separating USA, MSNBC and More From NBC, Theme Parks

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After spending billions to snare control of the massive media portfolio known as NBCUniversal, parent company Comcast now plans to break it up. The Philadelphia...
Bussiness

The Cable TV Business Is Dying. Is It Worth Saving?

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Comcast Corp. opened its latest earnings call with a surprise announcement: The Brian Roberts-run media giant was weighing whether to spin out its cable...
Jobs

📬 OpenAI aims at Google

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Good morning, Quartz readers!HERE’S WHAT YOU NEED TO KNOWThe CDC thinks it has found the culprit behind the McDonald’s E.coli outbreak. Shed a tear...
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