We also chat about Nvidia, MicroStrategy, and EastGroup Properties.In this podcast, Motley Fool analyst Bill Barker and host Ricky Mulvey discuss:Nvidia's quarter and data center growth.Why Comcast is spinning off its cable assets.MicroStrategy's unusual bond offering.Then, in a replay of The Motley Fool's Scoreboard hosted by Anand Chokkavelu, Motley Fool analysts Matt Argersinger and Anthony Schiavone take a look at Sunbelt REIT EastGroup Properties.Go to breakfast.fool.com to sign up to wake up daily to ...

Comcast chairman and CEO Brian Roberts just sold $20.4 million worth of stock in the media giant. The circa 469.5 million Class A common shares were divested on Tuesday, according to an SEC filing. It’s not a significant part of his holdings and Deadline hears the sale is for year-end planning purposes, which is not unusual. Most of the shares sold were from awards of restricted stock units that were part of Robert’s compensation package this year, with a smaller portion from exercising options. Along with ...

(Photo by Gary Hershorn/Getty Images)Getty ImagesDeal Overview Comcast Corp (NASDAQ: CMCSA, $43.20; Market Capitalization: $165.3 billion), a massive conglomerate that provides broadband services, operates theme parks and a media company that includes NBC and affiliated properties, is planning to spin off a large part of its NBCUniversal’s cable TV channels into a separate publicly traded company (SpinCo). The transaction will be structured as a tax-free spin to existing shareholders.Post Spin-off, the Spi ...

The box office was a popular destination this weekend as Universal's "Wicked" and Paramount's "Gladiator II" arrived in cinemas."Wicked" is expected to snare $114 million during its domestic opening, the highest debut of a Broadway adaptation in cinematic history, according to Sunday estimates. Globally the film is set to take in $164.2 million.Tracking projections for "Wicked" started around $80 million in late October, but rose to a range of $120 million to $140 million. Hollywood has struggled to market ...

A free-market cable regulator gets nominated as chair of the Federal Communications Commission, setting tongues wagging on Wall Street that much-needed dealmaking will take place. One of the largest media organizations in the world dramatically alters its business model, separating its cable programming from much of the rest of its company to set itself up for some dealmaking.Coincidence? Not even close, according to telecom bankers and lawyers assessing this week’s developments on Wall Street and in Washin ...

Goldman Sachs analyst Michael Ng maintained a Buy rating on Comcast Corp CMCSA with a price target of $50.On November 20, 2024, Comcast announced plans to spin off select cable networks and digital assets into a new publicly traded entity called SpinCo.The proposed spin-off aims to streamline Comcast’s operations and enhance growth by separating its cable networks and complementary digital assets from its broader media and streaming divisions.Also Read: Taiwan Semiconductor Plans New Factories To Boost Dome ...

Comcast was supposed to have a solid broadband business to fall back on, but even that's in trouble.Comcast (CMCSA 1.58%) has been trying to find its way as linear TV declines, but investors always thought the broadband business would be a saving grace. That may not be the case, and with management considering the spin-off of some cable channels, things are getting desperate fast. Travis Hoium shows how quickly the business has declined in this video.*Stock prices used were end-of-day prices of Nov. 19, 202 ...

After a few bumpy outings due to Covid and less-than-optimal host cities, the Olympics flourished last summer in Paris, with viewership gains and advertising records. With more happy returns expected from the 2026 Winter Games in Italy and the 2028 Summer Games in Los Angeles, NBCUniversal may need to develop some new muscles in order to maintain the synergistic mojo. Next year, parent company Comcast plans to spin off NBCU’s cable networks into a separate, publicly traded entity. The transaction, formally ...

Comcast shares posted modest gains Wednesday after the company announced its plan to spin off all of NBCUniversal's cable networks — except Bravo — into a separately publicly traded entity.Investors' initial shrug at the proposed transaction underscores the uncertainty of the maneuver.The hope for Comcast is that by shedding declining assets, the company's shares will rise. Cable networks are still profitable, but they're hemorrhaging subscribers and revenue every year as Americans cancel traditional pay TV ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...