Comcast's move to jettison nearly all its cable channels, except Bravo, highlights the declining value and relevance of traditional cable television networks in a rapidly evolving media landscape.
Analyst Craig Moffett emphasized, 'This is a reminder that the cable television network business is yesterday's news,' pointing to the significant changes facing the industry.
Despite generating $7 billion annually, Comcast's decision reflects a strategic pivot, prioritizing properties like NBC and Universal over its traditional cable channels.
The decision to retain Bravo underlines its strong brand appeal and viewership data linking NBC's programs to robust streaming success on Peacock.
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