The Trish Regan Show - MSNBC DONE? Maddow OUT? Comcast Reportedly Considers Pulling Plug on Failing Network!
Aired: 2025-06-06
Duration: 06:35


=== MSNBC Content Write-Offs (05:18) ===

[00:00:00]  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.
[00:00:16]  It used to be, right, that all the cable content, all the cable companies wanted to own the content because content's king.
[00:00:25]  And if you're cable and you're, you know, controlling the distribution and you've got the content, then that's win-win-win all day long.
[00:00:32]  Reality has crept up with them.
[00:00:34]  And so suddenly the distribution is kind of wherever you want it, right?
[00:00:38]  Whether it's here on YouTube, whether it is over on Rumble or, you know, all these different social media could be on my own website, et cetera.
[00:00:45]  You have all these different ways of communicating with people.
[00:00:49]  So consequently, it's no longer the distribution.
[00:00:54]  It's entirely a thousand percent the content.
[00:00:58]  And then you're looking at content like, let me show you this one that's struggling.
[00:01:03]  So in the case of MSNBC, they've got content that's not rating.
[00:01:07]  They've got content that's expensive, that is not succeeding.
[00:01:10]  Jen Psaki has plummeted the ratings at that primetime show that she took over for Rachel Maddow down into the depths of levels they've never seen before.
[00:01:21]  Okay, so they're really struggling and yet they're paying these people all these money.
[00:01:24]  I mean, what is Rachel allegedly getting?
[00:01:26]  25 million bucks a year?
[00:01:27]  They cut her by 5 mil and they got her doing one show a week.
[00:01:30]  I mean, you understand, like something's kind of messed up.
[00:01:34]  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 versant because they want to sound all fancy schmancy.
[00:01:51]  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 upfronts recently, they didn't put Jen Psaki up there.
[00:02:00]  I mean, I certainly didn't see her in any of the headlines.
[00:02:02]  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.
[00:02:15]  But what happens to the likes of MSNBC?
[00:02:19]  Maybe the answer is you shut it down completely.
[00:02:23]  You just get, who needs it?
[00:02:24]  Who needs a news network in your new cable portfolio of Verdant or Versant or whatever it is?
[00:02:30]  We'll have to get that because we'll know the ticker symbol soon when it comes out.
[00:02:33]  But do you even need it?
[00:02:35]  Maybe you could just shut the whole thing down.
[00:02:37]  I mean, they're getting rid of people left and right.
[00:02:38]  They fired all of Rachel Maddow's staff except for maybe one producer.
[00:02:42]  And they're trying to trade her out for the cheaper version of Peppermint Patty.
[00:02:46]  But Peppermint Patty can't get any numbers either.
[00:02:48]  So again, what is your future?
[00:02:51]  What is your opportunity?
[00:02:53]  I mean, I think, and I've said this before, you get two choices.
[00:02:56]  You're either going to one completely slim down and you're going to have a really, really tight ship.
[00:03:00]  And you're going to still print money because you know what?
[00:03:02]  People will still advertise over there, strangely enough.
[00:03:05]  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.
[00:03:14]  Maybe you can't afford the 25 mil for Rachel Maddow anymore.
[00:03:17]  So Rachel Maddow could find herself very much out at the end of this contract and she'll be fine.
[00:03:22]  She'll probably go off into podcast land and there'll be a following of libs that love her there.
[00:03:26]  But does she continue on at MSNBC?
[00:03:29]  MSNBC, if it can't get the numbers, ultimately can't survive as a business.
[00:03:34]  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.
[00:03:44]  You take it as a write-off and you move forward.
[00:03:47]  I mean, that's kind of my advice for these guys on what to do.
[00:03:50]  Reminder, if you're wondering what to do with your portfolio, our wonderful sponsor here on the Trish Reek.
[00:03:55]  We love our sponsors on the Trish Reek and Show.
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[00:04:17]  Again, for more information on all of this, American Heart for Gold does have this great offer.
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[00:04:24]  And look, they're friends of the show.
[00:04:26]  And I just got to say about gold, like every time it goes down, I buy more.
[00:04:31]  It's not down today, though.
[00:04:32]  It's up 2.47%, near $3,400 an ounce.
[00:04:37]  But gold is one of those things, as you guys well know, that I really like.
[00:04:41]  If you want to know what else I like in the market, I'd encourage you to go to 76research.com, type in code word dollar and get our research there.
[00:04:53]  We do have three portfolios that you can also sign up for.
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[00:04:58]  You can subscribe to the portfolios and then you get all the research and the information on the companies that we value most there in our different.
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=== Subscribe For Future Upside (01:16) ===

[00:05:18]  I like what this administration is doing.
[00:05:20]  I mean, hey, it could be bumpy along the way.
[00:05:22]  I'm not saying anything's perfect, but it's all coming together.
[00:05:26]  Reminder, if you haven't subscribed, do me that favor.
[00:05:29]  Make sure that you subscribe to the show, the Trish Regan Show, because, you know, we're small but mighty and we're growing every single day.
[00:05:37]  And well, Don's going to get after a few.
[00:05:39]  if you do not actually subscribe.
[00:05:41]  So before you hear his wrath, he's in the chat all the time telling you guys to like and subscribe.
[00:05:47]  So please do that.
[00:05:48]  And I will see you back here.
[00:05:49]  Justin, thank you so much.
[00:05:50]  Again, appreciate all the generosity from you guys.
[00:05:53]  Great.
[00:05:53]  Yeah, I have seen that Biden clip, Justin.
[00:05:57]  And you know what?
[00:05:58]  I've actually played it a lot.
[00:06:00]  A lot.
[00:06:03]  I've seen that and I've played it.
[00:06:04]  You know, maybe we'll have to bring back that little goodie.
[00:06:06]  It's weird, right?
[00:06:07]  There's a lot of weird Biden clips, shall we say.
[00:06:10]  He's definitely out of it, in my opinion.
[00:06:12]  And I think heads are going to roll.
[00:06:13]  And they should.
[00:06:14]  Like, you cannot have a situation where people are refusing to put forward the 25th Amendment.
[00:06:19]  We have a 25th Amendment for a reason.
[00:06:20]  You can't just ignore that because you want to stay in power.
[00:06:24]  That's what went down.
[00:06:26]  And it's all going to come out.
[00:06:28]  And we're going to be here on the front lines of history with you every single day live on the Trish Reagan Show.
[00:06:32]  So please subscribe, join me, make a comment, and we'll see you tomorrow.