The Powers That Be: Daily Media Monday: WBD’s Potential SpinCo and Politico’s Profit Playbook
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Dec 16, 2024 Tune in for an insightful dive into the reshaping of Warner Brothers Discovery under David Zaslav, with implications for CNN and other networks. Explore the challenges facing major outlets like MSNBC and CNN regarding ratings while celebrating cinematic successes. Discover the leadership challenges at The Washington Post and Politico, and how new talent might influence the landscape of political journalism. The discussion also touches on potential strategic spins and the evolving media dynamics.
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Cable Decline Acceleration
- Legacy media companies are accelerating their shift away from cable.
- This trend suggests a potential spinoff of cable assets, similar to Comcast's SpinCo.
CNN's Uncertain Future
- CNN's value within or outside of a cable bundle is uncertain.
- Speculation exists about CNN being sold by the end of next year.
Antenna Media and CNN
- John Kelly predicts Antenna Media as a potential buyer for CNN.
- This is based on Antenna Media's involvement with Vice and Time.