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Comcast to spin off MSNBC, CNBC and cable channels

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Comcast to spin off MSNBC, CNBC and cable channels

Comcast Corp. is cleaving off a huge chunk of its television portfolio to create a new company composed of its cable channels, including MSNBC and CNBC.

The Philadelphia-based cable giant plans to unveil the spinoff as well as a new corporate structure for NBCUniversal on Wednesday morning, according to three people familiar with the matter who were not authorized to comment publicly.

The $7-billion spinoff comes as traditional media companies grapple with the diminishing value of what was once an economic pillar of the entertainment business. For years, NBCUniversal’s cable channels — including USA, Bravo, Syfy, Golf Channel and E! — provided the company’s most reliable profits.

But as consumers shift to on-demand streaming platforms, the future of cable channels looks increasingly bleak. Comcast is taking an exit ramp on cable programming by creating a new company, comprising nearly all of NBCUniversal’s current cable networks with the exception of Bravo, home of the “Real Housewives.”

The legacy NBCUniversal also will hold onto the Universal Pictures film studio as well as the NBC broadcast network, NBC Sports and streaming service Peacock. Keeping Bravo is an interesting twist, but its content has been a potent driver for Peacock, and the linear channel still achieves healthy ratings.

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Comcast’s current shareholders will be given stock in the new company.

Mark Lazarus, who has presided over NBC Sports and NBCUniversal’s networks business for about a decade, will lead the new company, the knowledgeable people said. Lazarus, a former Turner Broadcasting executive, joined Comcast in 2010 and assumed control of NBC Sports the following year after Comcast took control of NBCUniversal from General Electric and installed its own management team.

Comcast Chairman Brian Roberts is expected to control one-third of the new company’s voting stock.

The separation, which will likely close in about a year, has already prompted a new management structure for NBCUniversal.

NBCUniversal Chief Content Officer Donna Langley will assume greater responsibilities as NBCUniversal chairman of entertainment and studios, which will include oversight of NBC Entertainment, the Universal film and television studios and marketing of entertainment programming, the sources said.

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Langley has long been a respected tastemaker in Hollywood, but her profile within the company has grown dramatically since taking over the film studio five years ago.

Universal Pictures now is one of the most stable and prolific studios around. During Langley’s tenure, Universal has produced two of the most profitable years in its 112-year history, with “Oppenheimer,” directed by Christopher Nolan, generating nearly $1 billion in ticket sales and winning the Oscar for best picture.

The studio also scored with “The Super Mario Bros. Movie” and “M3GAN.” This year, Universal produced hits such as “Twisters” and the upcoming first installment of “Wicked,” which is expected to be another box office juggernaut.

Comcast President Mike Cavanagh, who runs NBCUniversal, is expected to unveil the changes to his leadership team.

Longtime Comcast executive Matt Strauss will get a big promotion to partner with Langley. Strauss is expected to oversee NBC Sports and business-side functions, including distribution and ad sales. Strauss has served as chairman of NBCUniversal international operations and direct-to-consumer offerings for the last four years.

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The Wall Street Journal first reported news of the spinoff.

Cavanagh hinted at the new structure late last month, during its most recent earnings call with analysts. He said such a move could allow the cable channels “to take advantage of opportunities in the changing media landscape and create value for our shareholders.”

Sources familiar with the plan said that NBCU’s cable channels still generate considerable cash flow and that the new entity could use some of those profits to scoop other cable outlets to consolidate its clout in the marketplace.

However, NBCUniversal distribution executives have long packaged NBC, which boasts “Sunday Night Football,” with the company’s cable channels to maintain its cable programming fees.

Staff writer Stephen Battaglio contributed to this report.

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Movie Reviews

Primate

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Primate
Every horror fan deserves the occasional (decent) fix, andin the midst of one of the bleakest movie months of the year, Primatedelivers. There’s nothing terribly original about Johannes Roberts’ rabidchimpanzee tale, but that’s kind of the …
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Tom Cherones, director and producer of ‘Seinfeld,’ dies at 86

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Tom Cherones, director and producer of ‘Seinfeld,’ dies at 86

Television director and producer Tom Cherones, best known for his work on the first five seasons of the Emmy-winning series “Seinfeld,” has died. He was 86.

He died Jan. 5 at his home in Florence, Ore., according to a statement from his family.

He directed some of the most iconic episodes of “Seinfeld,” including “The Chinese Restaurant,” “The Parking Garage” and “The Contest.” The first episode he directed was the show’s second-ever episode, “The Stake Out.” The director ultimately helmed over 80 episodes of the show.

“I think they liked the way I ran the set,” Cherones said of why he was chosen to direct so many “Seinfeld” episodes in an interview with the Television Academy Foundation. “I shot the show a little different … I just shot it in a way that I thought made it look better than the average show.”

Cherones left the show at the behest of its star Jerry Seinfeld.

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“Jerry asked me to [leave], he was tired of the same thing I guess,” he told the Television Academy Foundation. “We changed writers almost every season and finally he just wanted somebody else, another presence to try to keep it fresh. He always said from the beginning that when this thing isn’t working anymore we’re going to stop.”

Cherones received six Emmy nominations for his work on “Seinfeld,” winning his sole Emmy for his production work in 1993.

“Seinfeld” star Jason Alexander mourned Cherones death in an Instagram post on Friday.

“Tom directed nearly half the ‘Seinfeld’ episodes. He created the visual style and tone and how to capture the magical interplay of our cast,” Alexander wrote.

“His generosity also enabled me to become a member of the Directors Guild and he was a wonderful mentor. He was a good guy and a wonderful director and teacher. Generations of our fans have and will continue to enjoy his work. Thanks for everything, Tom. Rest well. My love to your family and friends.”

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After leaving “Seinfeld,” Cherones would go on to direct 23 episodes of the second season of the Ellen DeGeneres sitcom “Ellen.” He also directed several episodes of the ‘90s NBC sitcoms “Caroline in the City” and “NewsRadio” and stand-alone episodes of “Sabrina the Teenage Witch,” “Boston Common” and “Desperate Housewives.”

Cherones was born Sept. 11, 1939, in Tuscaloosa, Ala., and graduated with a degree in journalism from the University of New Mexico in 1961. After a four-year stint in the U.S. Navy, he earned a master’s degree from the University of Alabama in 1967.

He worked at a PBS affiliate station in Pittsburgh, including aiding in the production of “Mister Rogers’ Neighborhood.” Cherones moved to L.A. in 1975 and found production work on such series as “General Hospital” and “Welcome Back, Kotter,” and with several of the major Hollywood production studios.

Later in life, Cherones returned to the University of Alabama to teach production classes from 2002 to 2014.

Cherones is survived by his wife Carol E. Richards, his daughter Susan Cherones Lee, son Scott Cherones and two grandchildren, Jessa and Thomas Cherones.

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Movie Reviews

1986 Movie Reviews – Black Moon Rising | The Nerdy

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1986 Movie Reviews – Black Moon Rising | The Nerdy
by Sean P. Aune | January 10, 2026January 10, 2026 10:30 am EST

Welcome to an exciting year-long project here at The Nerdy. 1986 was an exciting year for films giving us a lot of films that would go on to be beloved favorites and cult classics. It was also the start to a major shift in cultural and societal norms, and some of those still reverberate to this day.

We’re going to pick and choose which movies we hit, but right now the list stands at nearly four dozen.

Yes, we’re insane, but 1986 was that great of a year for film.

The articles will come out – in most cases – on the same day the films hit theaters in 1986 so that it is their true 40th anniversary. All films are also watched again for the purposes of these reviews and are not being done from memory. In some cases, it truly will be the first time we’ve seen them.

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This time around, it’s Jan. 10, 1986, and we’re off to see Black Moon Rising.

Black Moon Rising

What was the obsession in the 1980s with super vehicles?

Sam Quint (Tommy Lee Jones) is hired to steal a computer tape with evidence against a company on it. While being pursued, he tucks it in the parachute of a prototype vehicle called the Black Moon. While trying to retrieve it, the car is stolen by Nina (Linda Hamilton), a car thief working for a car theft ring. Both of them want out of their lives, and it looks like the Black Moon could be their ticket out.

Blue Thunder in the movies, Airwolf and Knight Rider on TV, the 1980s loved an impractical ‘super’ vehicle. In this case, the car plays a very minor role up until the final action set piece, and the story is far more about the characters and their motivations.

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The movie is silly as you would expect it to be, but it is never a bad watch. It’s just not anything particularly memorable.

1986 Movie Reviews will continue on Jan. 17, 2026, with The Adventures of the American Rabbit, The Adventures of Mark Twain, The Clan of the Cave Bear, Iron Eagle, The Longshot, and Troll.


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