MSNBC to rebrand
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The network will officially relaunch as My Source News Opinion World, MS NOW for short, on November 15 as a part of their separation from Comcast. MSNBC is one of several channels that will live under the new company Versant, headed by Mark Lazarus, including CNBC, USA Network, E!, Oxygen, SYFY, Golf Channel, SportsEngine, and GolfNow.
Termination notices went out to 150 NBC News Group employees Wednesday as the financial health of the traditional television business continues to erode.
NBC News began cutting 7%, or about 150 of its roughly 2,000-person staff, as it gears up to operate independently of MSNBC and CNBC.
Moelis & Company's founder Ken Moelis sits down with CNBC's Sara Eisen at the FII conference in Riyadh to discuss outlooks on business in the Middle East, market expectations, and much more.
NBC News has begun layoffs amid its MSNBC separation, prompting criticism from the NewsGuild of New York over corporate restructuring priorities.