Can MSNBC recover from its post-election cratering in viewership? Comcast answered this morning: who cares? It’s not their problem any more.
As rumored for weeks ahead of the election, Comcast has decided to get out of the cable-TV market. This impacts more than just MSNBC, but none of the other cable properties Comcast will shed in this spinoff has the credibility and viewer issues that their progressive-bubble service has at the moment. One has to wonder whether Comcast or its spinoff would look more attractive to investors without MSNBC as part of its package:
Comcast said Wednesday that it will spin off its cable networks, including MSNBC and CNBC, in a bid to unshackle its movie studio and theme parks from the waning fortunes of traditional television.
NBCUniversal, Comcast’s media division, is set to cleave off a bundle of cable channels that generate…