Tag: nbcuniverse

  • MSNBC anchor Andrea Mitchell is leaving the eponymous show and moving to a correspondent role at NBC

    MSNBC anchor Andrea Mitchell is leaving the eponymous show and moving to a correspondent role at NBC

    Veteran political reporter Andrea Mitchell announced that she will leave her namesake MSNBC show after the inauguration, but will remain as a correspondent at NBC News.

    Mitchell, who held the anchor chair at the left-leaning network for nearly two decades, will continue in her role as NBC News’ chief foreign affairs correspondent and chief Washington reporter.

    The anchor — who turns 78 on Wednesday — broke the news to viewers on MSNBC’s “Andrea Mitchell Reports” on Tuesday.

    “And after sixteen years in the anchor chair every day, I want time to do more of what I love most: more connecting, listening and reporting on the ground,” Mitchell said. “Especially since whoever is elected next week will take on the monumental task of dealing with two foreign wars and political divisions here at home.”


    Andrea Mitchell
    Veteran journalist Andrea Mitchell has told viewers she will be leaving her beloved show after the launch in January. X / @MSNBC

    She continued: “So after the inauguration next January — I’ve been looking for the opportunity to continue covering those stories, but from a different angle — still with NBC News and on MSNBC, and still as the Washington chief and foreign affairs correspondent. . Just not on a daily show schedule.”

    Launched in 2008, Mitchell’s MSNBC show has been the network’s longest-running daytime show. The network has not announced what will replace the show.

    In the third quarter, “Andrea Mitchell Reports” averaged 753,000 viewers, trailing Fox News’ “Outnumbered” overall but ahead of CNN’s “Inside Politics,” according to Nielsen.

    The move comes as TV networks are beefing up their anchor lineups and talent salaries amid shrinking budgets.

    At CBS News, Norah O’Donnell will step down as anchor on “The Evening News” after the election and move into the role of correspondent. Meanwhile at CNN, Jake Tapper and Wolf Blitzer were reportedly denied raises, while Chris Wallace was asked to take a pay cut.


    Andrea Mitchell
    Mitchell joined the Peacock Network in 1978 and has covered every presidential campaign for NBC News since 1980. Shannon Finney/NBC via Getty Images

    Media insiders told The Post that more changes are expected after the election.

    Mitchell, who joined the Peacock network in 1978, has covered every presidential campaign for NBC News since 1980. According to Deadline, she has also covered every political convention since 1972, as well as seven presidential administrations.

    The reporter told viewers “come next year, you’ll still see me in your living rooms, on your mobile devices and on other platforms — and maybe even in your hometowns and cities, still asking questions to get the answers you deserve “.

    In a note to staff, NBCUniversal executives Rashida Jones, Rebecca Blumenstein, Janelle Rodriguez and Libby Leist wrote: “Andrea remains one of the nation’s leading and most trusted experts on foreign and domestic policy. Her deep sourcing and ability to land interviews with the biggest names in news is unmatched. Her contributions to NBC News over the past 46 years have been invaluable to the network, and we are so pleased that she will remain an essential part of the News Group for years to come.

    #MSNBC #anchor #Andrea #Mitchell #leaving #eponymous #show #moving #correspondent #role #NBC
    Image Source : nypost.com

  • MSNBC parent Comcast weighs spin-off of declining cable networks

    MSNBC parent Comcast weighs spin-off of declining cable networks

    NBC parent Comcast is exploring developing its struggling cable network business, including left-leaning MSNBC, President Mike Cavanagh said Thursday.

    Cavanagh revealed during the third-quarter earnings call that the media giant is considering creating a “new, well-capitalized company owned by our shareholders and comprised of our strong portfolio of cable networks.”

    Cable networks include MSNBC, CNBC, Bravo, E!, Syfy, USA Network and Oxygen True Crime.

    Comcast President Mike Cavanagh said the company is exploring a spin off of its struggling cable networks.

    The potential split would not include the NBC broadcast network or the Peacock streaming service, Cavanaugh said.

    “We chose not to participate in the M&A process around Paramount earlier this year. But we would consider broadcasting partnerships,” he added.

    Shares of Comcast rose more than 3% in midday trading on Thursday, after the company also reported better-than-expected third-quarter earnings on the back of box office hits and an increase in ad sales fueled by the Olympics .

    The executive’s comments come as cable customers continue to cut their traditional TV packages in favor of streaming.

    In recent years, Comcast has focused on building its Peacock streaming service, which received a shock during the third quarter when it exclusively broadcast the Summer Olympics in Paris.

    Earlier this year, Paramount Global — which owns cable TV networks Comedy Central, Nickelodeon and MTV — agreed to merge with Hollywood production company Skydance Media in a deal that signaled a changing of the guard in the industry.

    “We are now exploring whether the creation of a new well-capitalized company owned by our shareholders and comprised of our strong portfolio of cable networks would position them to take advantage of opportunities in the changing media landscape,” Cavanagh said. .

    The company said it may spin off from MSNBC, CNBC and a host of other networks such as Bravo and E!. ymgerman – stock.adobe.com

    During the quarter, Comcast’s media business saw a $1.9 billion increase in revenue from the Paris Games — the highest ever for an Olympics — largely due to increased brand advertising.

    Meanwhile, Peacock added 3 million paid subscribers in the quarter, bringing its total to 36 million.

    Comcast’s total revenue was $32.07 billion, above estimates of $31.66 billion.

    However, Comcast also lost 365,000 cable TV subscribers, compared with expectations for 420,300, according to FactSet, as consumers switched from traditional TV to streaming services.

    Parent NBCUniversal-Comcast continues to get squeezed as customers cut their cable packages and opt for streaming. Getty Images

    In August, Warner Bros. Discovery booked a large $9.1 billion write-down of its television networks, caused by the revaluation of the segment’s book value.

    Analyst firm MoffettNathanson estimated there were 4 million traditional pay-TV subscriber losses in the first six months of the year, calling it “a staggering total.”

    That includes 2.4 million losses in the first quarter, considered the worst quarter ever for package departures.

    “Like many of our peers in media, we are experiencing the effects of the transition in our video businesses and have been studying the best path forward for these assets,” Cavanagh said. “We’re not ready to talk about any specifics yet, but we’ll get back to you as and when we come to certain conclusions.”

    #MSNBC #parent #Comcast #weighs #spinoff #declining #cable #networks
    Image Source : nypost.com