I reported about nine days ago that MSNBC had taken a huge hit in the ratings, dropping about 40 percent after the election. On top of that, Comcast was considering spinning off MSNBC and some of its other properties, like CNBC, into its own company, separate from NBC and the news division. Such a spin-off could possibly lead to it being sold and/or people losing their jobs.
On Wednesday, Comcast confirmed it, with the new entity including MSNBC, CNBC, Oxygen, E!, Syfy, and the Golf Channel reportedly to be called SpinCo. Could there be any name more appropriate after MSNBC has done nothing but spin the Democratic mantra, regardless of the truth of what they say?
READ MORE: MSNBC Gets Bad News on Ratings and Comcast Move That’s a Joy to Read
Comcast Makes the Decision to Leave Behind Its Sinking Ship MSNBC, Rats and All
But now they were dragged kicking…
