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The real reason Joe & Mika are kissing PDJTs….
Comcast, the media powerhouse behind NBCUniversal, is stirring up major buzz in the entertainment industry. The company recently announced that it’s considering a significant move: separating from several of its top cable networks, including MSNBC, CNBC, Bravo, and Oprah Winfrey’s Oxygen. This surprising revelation came from Comcast President Mike Cavanagh during the company’s third-quarter earnings call, and it has left media analysts and TV enthusiasts asking a ton of questions about the future of these beloved channels.Cable TV
While Comcast’s broadcast network NBC and its streaming service Peacock will be spared from this proposed separation, it’s a clear signal that the cable TV world is shifting dramatically—and Comcast might be the next major company to embrace that change.
The “Cable Cut” Era: Why Comcast Might Be Pulling Back from Cable Networks
For years now, traditional cable TV has been steadily losing subscribers as millions of viewers cut the cord in favor of streaming platforms like Netflix, Hulu, and Comcast’s own Peacock. With streaming becoming the dominant form of entertainment for many households, cable networks have been scrambling to keep up. Subscriber numbers have dwindled, ad revenue has taken a hit, and the high cost of content production has forced even the biggest media companies to rethink their strategies. It’s no longer enough to rely on a traditional TV bundle; consumers want flexibility, customization, and above all, streaming.
https://www.shorenewsnetwork.com/2024/11/12/comcast-to-put-msnbc-and-oprah-founded-oxygen-networks-up-for-sale-in-cable-tv-sell-off/