Last week, Comcast said it was moving forward with a plan to spin off its NBCUniversal cable networks into a separate company. That news prompted speculation that the Tesla chief executive might pursue left-leaning news channel MSNBC.
Musk, who hasn't been shy about his criticisms of MSNBC, calling the network "utter scum of the Earth," fueled that storyline in an exchange on X, the social-media platform he owns. When Donald Trump Jr. posted about MSNBC, encouraging Musk to buy it, the billionaire replied: "How much does it cost?"
It is unclear how serious Musk is about MSNBC, but buying the network wouldn't be an easy feat. Comcast isn't interested in selling off individual assets, people familiar with the matter said. It plans for the spinoff company, which will include several other NBCUniversal channels such as CNBC, USA, Syfy, and E!, to explore acquisitions of other cable networks.
"We are looking forward to the planned spin of our cable networks, which will create a new company owned by our shareholders—none of these assets are for sale," a Comcast spokeswoman said in a written statement.
Esta historia es de la edición November 27, 2024 de Mint Mumbai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición November 27, 2024 de Mint Mumbai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
GDP growth falters in Q2, hopes pinned on 2nd half
GDP growth of 5.4% was the lowest in nearly two years, lower than estimates
Aster DM merges with Quality Care in $5-billion deal
Bengaluru-based Aster DM Healthcare on Friday announced a merger with Blackstone-backed Quality Care India Ltd (QCIL) in a deal that will value the combined entity at $5.08 billion (₹43,000 crore).
AIFs, equities pip realty in family office funding
What's Ahead for Family Offices?
Defence contracts emerge as key biz for telecom infra makers
India's push for local manufacturing has prised open a new business frontier for domestic telecom equipment manufacturers.
HUL turns to high-growth segments to lift demand
Premium is the watchword for packaged consumer goods major Hindustan Unilever Ltd (HUL), as it unveiled a new strategy on Friday to ride on an expected rise in household income and increasing consumer preference for more expensive brands and products.
Russia's war economy shows new cracks after ruble plunges
The Russian economy, surprisingly resilient through two-plus years of war and sanctions, has suddenly begun to show serious strains.
Colgate making right moves, but valuation a concern
Colgate Palmolive (India) Ltd has had a good run in recent quarters and continues to make efforts to boost growth.
Kalyani family's wealth war takes a fresh turn
Gaurishankar Kalyani has filed papers to back his claim that HUF exists
Zomato raises ₹8,500 crore via QIP
A big part of the proceeds is to be used to expand Zomato's quick commerce arm Blinkit
Fintech startup Klub halves workforce
Bengaluru-based financing startup Klub laid off about 60-70 employees in September and paused its commerce operations, according to multiple people aware of the developments.
