Core Insights - NBC News is cutting 7% of its staff, approximately 150 positions, as it prepares to operate independently from its cable networks [1][2] - The spinoff of cable networks like MSNBC and CNBC into a new company, Versant, reflects the ongoing decline of cable television and a shift towards streaming [2] - NBC News is simultaneously hiring for 140 open roles, encouraging laid-off employees to apply [3] Company Strategy - The separation from MSNBC will end a complex relationship, as NBC News has previously shared resources with MSNBC and relied on CNBC's reporting [3][4] - NBC News and MSNBC will continue to cover the same news events, but MSNBC will need to establish its identity without NBC News' resources and will rebrand as MS NOW [4] - NBC News is advancing its streaming strategy, planning to launch a subscription service later this year that will include select news coverage and premium content [5] Operational Changes - Concerns exist regarding the impact of the spinoff on newsgathering, as NBC News has relied on CNBC's reporting [6] - NBC News is focusing on local news collaboration, working closely with over 200 affiliates to cover major breaking stories [6] - This marks the second round of staff cuts for NBC News in 2023, following a previous reduction of about 40 roles earlier in the year [7]

NBC News staffers who provided graphics support to both sister network MSNBC and the mothership division have been laid off from their jobs ahead of corporate parent Comcast’s spin-off of its cable division into a new company, according to a report.Fewer than a dozen staffers were shown the door at 30 Rock recently as preparations are being made for a new company called Versant to absorb MSNBC, according to the Status newsletter.The first casualties of the imminent divorce landed in NBC’s graphics unit, whi ...

Group 1 - MSNBC will rebrand itself as "MS NOW," which stands for My Source, News, Opinion, World, later this year to emphasize its mission of providing breaking news and opinion journalism based on accurate facts [3][5] - The decision to change the name was made after significant debate and is part of NBC's strategy to spin off its cable properties into an independent media company called Versant [4][5] - The new branding reflects a desire for independence from NBCUniversal, with the CEO of Versant stating that the future success of the network is not tied to remaining within the NBC family [5][6] Group 2 - The familiar name MSNBC, which originated from a partnership with Microsoft in 1996, will be replaced as part of the transition, although the partnership formally ended in 2012 [10] - CNBC will retain its name but will remove the peacock logo, indicating a broader rebranding effort across NBC's cable properties [9] - The rebranding will be supported by a significant marketing campaign to familiarize viewers with the new "MS NOW" identity [9]