Comcast’s cable networks spinoff raises questions about future of the TV business
On Wednesday morning, the media giant confirmed that it is spinning off most of its cable channels, including MSNBC and CNBC, into a separate publicly traded company. The new company doesn’t have a formal name yet — Comcast is simplycalling it “SpinCo” — a suitable label since employees’ heads are spinning with questions.
What does the Comcast cable spin-off mean for TV viewers and streaming?
Bravo stays with NBC, but other longtime cable networks such as E!, USA and MSNBC will be part of a new company.
Comcast is spinning off its cable TV business
Comcast is splitting from its NBCUniversal television arm as the market of cable TV customers shrinks in the age of cord-cutting and TikTok. The US media giant announced plans on Wednesday to spin off the bulk of its cable network channels — including CNBC,
Comcast to spin off some cable TV networks as streaming dominates
Comcast said on Wednesday that it plans to spin-off the bulk of its fading NBCUniversal cable TV networks, including MSNBC and CNBC, as the company said it is repositioning itself for growth in the streaming era.
Comcast is getting rid of most of its cable channels
Comcast is planning to break off some of its cable television channels. The plan to spin off some NBCUniversal channels includes MSNBC, CNBC, USA, Oxygen, E!, Syfy, and the Golf Channel, while NBC, Bravo,
Comcast to spin off MSNBC, CNBC and cable channels
Entertainment giant Comcast is cleaving off a huge chunk of its TV portfolio to create a new company composed of its cable channels.
Comcast to announce spinoffs of cable networks
Comcast is expected to announce a spinoff of cable networks on Wednesday. The spinoff includes CNBC, MSNBC and E!, but Bravo will not be included in the spinoff.
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