
Comcast announced this week it plans to spin off its cable networks, MSNBC and CNBC, into a publicly traded company. This might seem like inside baseball for those outside of the industry, but it’s not. This will have a direct impact on any publicist, PR agency or company trying to get media coverage.
Sadly, this Comcast media pivot will result in more lost jobs for reporters and producers at CNBC and MSNBC. Fewer resources at the networks always makes it harder to secure media coverage.
Look at History – NBC Acquires Telemundo
I was an Executive Producer with NBC in New York during its acquisition of Telemundo. Shortly after the acquisition, leaders at NBC offered me a new role in the new company to identify talent. In simple terms, my job would have been to identify which reporters and producers at Telemundo should be laid off.
Many of my Hispanic colleagues at Telemundo were excited about the acquisition. They thought a merger would make their Spanish language newsrooms stronger. I was candid with everyone I spoke with: this acquisition is not good for anyone at Telemundo.
Today, if you’re trying to pitch a news reporter or producer at Telemundo, you have to go through the NBC spider web. The news department at Telemundo now uses NBC’s corporate domain for their news team. And most big story pitches go through the NBC assignment desk. I know because I’ve seen it and experienced it.
How Will CNBC and MSNBC Spinoff Impact Publicists?
Here’s where the newsrooms are headed, leading up to the spinoff. There will be fewer people to pitch in the newsrooms- period. The head of NBC already likened this new company to a startup. My agency has led PR with many startups, and it’s never fun when budgets are small. Brace for cutbacks.
This is where media strategy comes into play. If you’re relying on contacts in the media for coverage, you are working from a point of weakness. And that weakness will only grow with time.
I’ve always said, media contacts are an assist; not a strategy. Solid news angles will become more valuable in this new spinoff – something experienced journalists will grasp. Timely enterprise angles will also separate the producers who stay and those who are let go.
This will be the time to pitch the best enterprise story ideas. Personally, I wouldn’t recommend pitching timely news sidebars. Of course, news is nuanced and you should never put every story into the same rundown. But if you want to get ahead of the curve, spend your time curating ideas, rather than cultivating relationships with reporters. It will help you outlast the next layoff spree.
ABOUT MACIAS PR
Mark Macias is a former Executive Producer with NBC and Senior Producer with CBS in New York. He is also a PR contributor with Entrepreneur, CNBC and Forbes. City & State Magazine named him to their 2024 Political PR Power List in New York. You can reach out to him by clicking here.














