The Trish Regan Show - MSNBC DONE? Maddow OUT? Comcast Considers Pulling Plug on Failing Network!
Episode Date: June 7, 2025TRISH REGAN CLIP-- In this clip from The Trish Regan Show, Ep 99 -- Trish reports: NBC now faces an uncertain future as Comcast considers spinning off its cable networks, amid declining ratings and ma...jor leadership changes. The network may consider pulling the plug. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Comcast realized that it can't work with the MSNBCs or frankly the cable networks anymore
and that it's more valuable for them to spin these things off than for them to continue forward
because they don't know what to do with this.
It used to be, right, that all the cable content, all the cable companies wanted to own the content
because content's king and if you're cable and you're controlling the distribution and you've got
the content, then that's win, win, win all day long. But reality has crept up with them. And so suddenly,
the distribution is kind of wherever you want it, right? Whether it's here on YouTube,
whether it is over on Rumble or, you know, all these different social media, it could be on my
own website, et cetera. You have all these different ways of communicating with people. So,
consequently, it's no longer the distribution. It's entirely a thousand percent the content. And then
you're looking at content, like let me show you this one, that's struggling. So in the case of
MSNBC, they've got content that's not rating. They've got content that's expensive, that is not
succeeding. Jen Saki has plummeted the ratings at that prime time show that she took over for
Rachel Maddow down into the depths of levels they've never seen before. Okay, so they're really
struggling, and yet they're paying these people all these money. I mean, what is Rachel allegedly
getting? Twenty-five million bucks a year? They cut her by five mil.
and they got to do it in one show a week. I mean, you understand, like something's kind of messed up
in that algorithm and in that equation. And they can't afford them anymore. So Comcast is like,
this is a dying business. We need to get rid of it. Oh, and there's a tax incentive for us to do this
if we spin enough. This way with SpinCo, which they're going to call Versaunt, because they want to
sound all fancy schmancy. But what's fascinating, and this is what people are sort of talking about in media
circles is that when they came out with their big up fronts recently, they didn't put Jen Saki
up there. I mean, I certainly didn't see her in any of the headlines. Hollywood reporters talking
about all these things they're going to have on sci-fi and on oxygen, and they're trying to
create all this other content and take that stuff forward in a way that can also have a streaming
component. But what happens to the likes of MSNBC? Maybe the answer is, you shut it down
completely. Who needs it? Who needs a news network in your new cable portfolio of Verdantz or
Vrescent or whatever it is? We'll have to get that because we'll know the ticker simple soon when it
comes out. But do you even need it? Maybe you could just shut the whole thing down. I mean,
they're getting rid of people left and right. They fired all of Rachel Maddo's staff,
except for maybe one producer, and they're trying to trade her out for the cheaper version of
Peppermint Patty, but Peppermint Patty can't get any numbers either. So again, what is your future?
what is your, what is your opportunity? I mean, I think, and I've said this before, you get two choices.
You're either going to, one, completely slim down, and you're going to have a really, really tight ship.
And you're going to still print money because, you know what, people will still advertise over there,
strangely enough. And so you print money, but you do so knowing that there's going to be a wind-down process,
which means maybe you can't afford the morning Joe salaries anymore. Maybe you can't afford the 25-mill for Rachel
Maddo anymore. So Rachel Maddo could find herself very much out at the end of this contract.
and she'll be fine. She'll probably go off her into podcast land and there'll be a following of
libs that love her there. But does she continue on at MSNBC? MSNBC, if it can't get the numbers,
ultimately can't survive as a business. So its choice is you reduce your costs significantly
and you stay along there and you hope for a sea change at some point, or you just shutter the thing
all together. You take it as a write-off and you move forward. I mean, that's kind of my advice for
these guys on what to do. Reminder, if you're wondering what to do with your portfolio, our wonderful
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So I encourage you for sure to take a look at this, especially at a time like this one. I think
there's going to be a lot of future upside coming. I mean that in these markets. I like what this
administration is doing. I mean, hey, it could be bumpy along the way. I'm not saying anything's
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justin thank you so much again appreciate all the generosity from you guys great um yeah i have seen that
biden clip Justin and you know what i've actually played it a lot um a lot
i've seen that and i played it you know maybe we'll have to bring back that little goody it's weird
right there's a lot of weird biden clip shall we say he's definitely out of it in my opinion and i think
heads are going to roll and they should like you cannot
have a situation where people are refusing to put forward the 25th amendment. We have a
25th amendment for a reason. You can't just ignore that because you want to stay in power.
That's what went down and it's all going to come out and we're going to be here on the front
lines of history with you every single day live on the Trish Riegan show. So please
subscribe, join me, make a comment and we'll see you tomorrow.
