The Trish Regan Show - MSNBC DONE? Maddow OUT? Comcast Reportedly Considers Pulling Plug on Failing Network!
Episode Date: June 6, 2025Trish Regan Show CLIP from Episode 99 In this clip from the Full LIVE Edition of The Trish Regan Show, Trish explains that MSNBC faces an uncertain future as Comcast considers spinning off its cable ...networks, amid declining ratings and major leadership changes. 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
then, 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.
So they're really struggling, and yet they're paying these people all these money.
I mean, what is Rachel allegedly getting?
25 million bucks a year, they cut her by 5 mil, and they got her doing 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? And you're not. Who needs a news network?
new cable portfolio of Verdants or Versaunt or whatever it is. We'll have to get that because
we'll know the ticker symbol 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 Maddow'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 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 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 altogether.
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.
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So I encourage you for sure to take a look at this,
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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 perfect, but it's all coming together.
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I will see you back here. Justin, thank you so much. Again, appreciate all the generosity from you guys.
Great. Yeah, I have seen that Biden clip. Justin, and you know what, I've actually played it a lot.
A lot. I've seen that and I've 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 clips, 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 Rigan show. So please subscribe, join me, make a comment and we'll see you tomorrow.
