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Market
What will be the market valuation of the spun-off NBCUniversal cable networks by end of 2025?
2
Resolution / Starting Odds
Less than $5 billion • 25%
$5 billion to $7 billion • 25%
$7 billion to $9 billion • 25%
More than $9 billion • 25%
Financial reports and market analysis from reputable financial news outlets
Story
Comcast to Spin Off NBCUniversal Cable Networks Including MSNBC and CNBC, Valued at $7 Billion
Nov 19, 2024, 11:18 PM
Comcast is set to announce a significant restructuring of its NBCUniversal division, moving forward with a plan to spin off its cable TV networks, which include prominent channels such as MSNBC, CNBC, USA, Oxygen, E!, Syfy, and Golf Channel. This decision marks a shift in strategy for Comcast, which previously viewed its cable assets as a core component of its business. The spinoff is valued at approximately $7 billion and will be led by Mark Lazarus as CEO. The announcement is expected on Wednesday, November 22, 2024, as Comcast aims to extract value from its declining TV assets amid a changing media landscape.
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Similar markets
Under $10 billion • 25%
$10 billion to $20 billion • 25%
$20 billion to $30 billion • 25%
Over $30 billion • 25%
Increase in market share • 25%
Decrease in market share • 25%
Stable market share • 25%
Significant restructuring • 25%
Spin-off completed • 25%
Spin-off abandoned • 25%
Spin-off postponed • 25%
Other restructuring • 25%
Private Equity Firm • 25%
Another Media Company • 25%
Tech Company • 25%
Other • 25%
Sports Content • 25%
News Broadcasting • 25%
Entertainment Programming • 25%
Other • 25%
MSNBC • 25%
CNBC • 25%
USA Network • 25%
Other • 25%