CBS owner outbids tech streamer Editor’s Note: This article was updated on February 27. In 1985, CNN owner Ted Turner made a hostile takeover bid to buy CBS, but the bid failed after Larry Tisch increased his ownership stake in the company, preventing CBS News and CNN from uniting. 41 years later, the two will finally get together – thanks […]
The start of the new year begins spinoff’s life [Editor’s Note: This article was updated on December 4.] The official spinoff of Versant now has a date. The soon-to-be former Comcast cable networks will be part of the new, independent company as of January 2 at the close of the business day, when it will officially be traded on NASDAQ […]
NBC prepared to take off channels Sept. 30 Just weeks after Fox Corp. and Google’s YouTube TV were involved in a retransmission dispute, another issue has emerged with NBCUniversal. If a deal can’t be reached by Sept. 30, YouTubeTV subscribers could lose channels from the company, including NBC, Telemundo, Bravo, MSNBC, and CNBC, which broke the story Thursday. […]
New company won’t acquire additional networks [Editor’s Note: This article was updated May 8.] Comcast finally settled on a name for the soon-to-be spun-off cable networks from NBCUniversal, as they settled on Versant, replacing the prototype SpinCo name. It was chosen after sorting through 43 entries, cut to a dozen, and sent through a committee, settling on Versant. The name […]
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