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From: "Adam H. Kerman" <ahk@chinet.com>
Newsgroups: rec.arts.tv
Subject: Re: Comcast is going to spin off many of their networks.
Date: Fri, 22 Nov 2024 15:17:11 -0000 (UTC)
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Dimensional Traveler <dtravel@sonic.net> wrote:
>On 11/21/2024 8:39 AM, Adam H. Kerman wrote:
>>shawn <nanoflower@notforg.m.a.i.l.com> wrote:

>>>>. . .

>>>Yet, I was reading an article about the move last night and the
>>>writers (some financial analysts) believe the real money is coming
>>>from CNBC and MSNBC. I don't have the data to say one way or the other
>>>but they believed that freeing those two channels from NBC/Comcast
>>>will stop people from taking money from them to feed to pet projects.
>>>(Sounds a lot like what I keep hearing about Hollywood and how the
>>>money making projects end up funding everything else.)

>>Of course, any business in a large conglomerate would benefit from not
>>having its revenues diverted to something else, and to be able to sink
>>cash back into growing its own business.

>One assumes you meant to type "able to sink cash into stock buy-backs".  :P

I know you are joking, but no, whether significant amounts of stock are
repurchased or the company is taken private is a different calculation.

shawn is saying that executives running profitable groups were being
fucked over because they weren't allowed to reinvest their own profits
into growing the businesses they were running well.

I'll guess that most of the pet projects were unprofitable and found no
large audiences.