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What We’re Reading
We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
The New York Times / Benjamin Mullin / Nov 20, 2024
“NBCUniversal, Comcast’s media division, is set to cleave off a bundle of cable channels that generate roughly $7 billion in revenue annually, including USA, Oxygen, E!, Syfy and Golf Channel, into a new public company. Comcast will keep the NBC broadcast network under NBCUniversal, along with Bravo, home to reality TV programs like Top Chef, the company’s theme parks and its Universal studio…Cable television, once a juggernaut that propelled the share prices of traditional media companies, has become a financial albatross.”
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