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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Tech

NBCU Shutting Cable’s Esquire Network, Re-Launching As Digital

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January 18, 2017, 5:37 PM ET
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Comcast’s NBCUniversal is shutting down its Esquire Network cable channel, one month after it was dropped by DirecTV, and will re-launch it this spring as a digital-only brand, the company said on Wednesday.

Esquire will return as a direct-to-consumer service on Esquire.com, which will house all its existing programming and new shows that were slated for the TV channel including Borderland USA and Edgehill.

Smaller cable channels such as Esquire are finding themselves vulnerable as more consumers cut back on pay-TV services, dropping their packages entirely or opting for a so-called “skinny bundle” of fewer channels.

The move by NBCU comes a month after AT&T decided to drop Esquire from its DirecTV and U-Verse offerings.

Major providers such as DirecTV and Dish Network have also launched slimmed-down streaming packages of live TV channels that omit many smaller networks. Esquire is currently only available on Sony’s PlayStation Vue service.

“Men today consume content on a variety of platforms and it is essential that we follow our viewers,” Adam Stotsky, president of Esquire and NBCU’s E! Entertainment channel, said in a statement.

For more about TV, watch:

Esquire Network debuted in 2013 when NBCU re-branded it from what used to be the Style Network. The channel was a partnership between the Comcast unit and Hearst, which owns the magazine on which the network was based.

NBCU was aiming to appeal to the same affluent, male audience as the magazine, trying to position itself as an upscale option to other male-focused TV networks like Viacom’s Spike.

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