You know the old business expression, “Buy low, sell high?” Comcast is so desperate to get rid of its cable properties — including MSNBC — that it might be willing to turn that expression on its head.
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Cable giant Comcast got into the content game in 2011 with its purchase of a 51% stake in NBCUniversal from GE for $13.8 billion. NBCU included NBC, MSNBC, Telemundo, Bravo, USA, and other channels. (Do we still call them channels?) In 2013, Comcast bought the remaining 49% for a whopping $16.7 billion. In two years, the value of NBCU increased by roughly 10%. That’s not too shabby for a collection of established media properties.
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Before the election, Comcast said that it was looking to get
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