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hey ladies and gentlemen this is Carmine
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Sabia 4 explain America and the
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anti-trump media well they're terrified
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right now before we get started please
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helps us
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out you guys know that M present
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and Joe
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Scarboro collectively the morning Joe
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crew on MSNBC you know they went
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down to meet with president-elect Donald
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Trump at Mara Lago what you may not know
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is that their parent
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company well their parent company MBC
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Universal is selling off MSNBC CNBC USA
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Network and a bunch of
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properties now I think it comes because
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the low ratings they didn't explicitly
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say that but the writing is kind of
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there if you look and M brazinski and
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Joe Scaro they're they're kind of scared
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about this and they didn't actually hide
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it when they were on television doing
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their Morning Joe show which in itself
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kind of surprised me that they wouldn't
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kind of have a poker face about it but
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it seems like you know being anti-trump
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is not all that profitable anymore guys
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I want you to check this video and let
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me know what you think in the comments
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all right time now for a look at some of
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the other stories making headlines this
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morning Comcast which owns our parent
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company NBC Universal plans to spinoff
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its cable TV networks that's according
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to the Wall Street Journal and people
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familiar with the situation the company
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will separate off entertainment and news
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channels including MSNBC CNBC USA oxygen
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e sci-fi and the Golf Channel so it's
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been the new cable Venture will
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reportedly have an ownership structure
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that mirrors Comcast a Comcast
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spokesperson declined to comment so so
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Willie as you look at the screen right
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there um the big concern that
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stockholders right now on Wall Street
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are wondering about before they decide
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what to do with comcash shares is
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whether ma is going to have to give up
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her penth house perch at top the Comcast
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Building when are we going to get
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invited to the penthouse never they
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never lets up I will say really quickly
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on this you know D at the top said oh
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like news meltdown all this other stuff
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I mean I could be completely wrong we
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could all be fired a year from now
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whatever this happens you never know
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what's GNA happen tomorrow or yeah but
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but in this case though Willie what
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they're doing is what other media firms
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are doing you spin off the cable
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channels which seven years ago were
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making a ton of money now they've got to
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figure out how to make them profitable
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Disney which I by the way huge Media
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news Disney has figured out now how to
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make streaming profitable peacock had an
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extraordinary success in the Olympics so
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they're talking about spinning this off
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Comcast still owns I think Brian Roberts
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still owns a third of that and because
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Comcast didn't jump into the bidding war
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like everybody else uh throwing stupid
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money at streaming services and then
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watch it flop Comcast has a ton of cash
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so now they spend this off and they're
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in a position to to what do you all say
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you to to to when to get a lot of CH to
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get a lot of different kind consolidate
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but also to just ramp up and so you you
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get a a lot of people a lot of different
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channels together and so whatever that
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entity is going to be there'll probably
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be a lot of cable channels and they'll
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be in a much better position uh to scale
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to scale it I I I didn't I took one
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business class at University
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I I didn't
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get is the only thing that makes sense
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here is you spin it off and then you
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scale it up and then you figure out how
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to make it more profitable yeah this is
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to keep the these networks like this
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network healthy and to keep Comcast uh
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thriving the way it is and this is just
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the way it's going people are cutting
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the cord right the the cable subscribers
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are down across the board this is
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something Bob Iger talked about last
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year doing right with ABC and Disney and
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spinning off some of of those the
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networks we'll see if he does that um as
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well but I think internally it's viewed
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as a good thing it gets everyone in a
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healthy position to continue to thrive
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moving forward all right
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