Re: Comcast is going to spin off many of their networks.

shawn <nanoflower@notforg.m.a.i.l.com> wrote:

. . .

Yet, I was reading an article about the move last night and the
writers (some financial analysts) believe the real money is coming
from CNBC and MSNBC. I don't have the data to say one way or the other
but they believed that freeing those two channels from NBC/Comcast
will stop people from taking money from them to feed to pet projects.
(Sounds a lot like what I keep hearing about Hollywood and how the
money making projects end up funding everything else.)

Of course, any business in a large conglomerate would benefit from not
having its revenues diverted to something else, and to be able to sink
cash back into growing its own business.

Nevertheless, a satellite channel's brand is valuable to the extent it
has viewers. CNBC was once the go to business channel, always shown on
monitors in financial service businesses and some banks, but MSNBC never
seemed to fulfill whatever it was intended to be at the beginning, some
programming service of Microsoft distributed by NBC. I don't think
Microsoft has had any involvement in years beyond whatever licensing of
its name is still being done.