Wall Street is awaiting much-needed dealmaking.
A free-market cable regulator gets nominated as chair of the Federal Communications Commission, setting tongues wagging on Wall Street that much-needed dealmaking will take place. its business model, separating its cable programming from much of the rest of its company to set itself up for some dealmaking.
A much wider dispute, according to these sources, is whether Comcast’s new cable company — and the overall business reorganization — makes either entities a buyer or a seller of properties in the great media consolidation that network executives believe is coming.Media execs along with those bankers and lawyers who specialize in deal work are making both cases. With the rise of 5G it’s not just Comcast’s cable operations that could see a slimming of future profit margins .
It can become the last man standing as most other cable networks disappear or develop a digital strategy similar to what CNN is trying to do.
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