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Comcast to Spin off Cable Networks

Business Insider on MSN · 17m

Comcast doesn't want its cable TV networks anymore.

Comcast CEO Brian Roberts doesn't want his cable TV networks like CNBC, MSNBC and USA anymore. It's essentially a garage sale as people cut the cord.

The Verge on MSN · 21m

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,

Philadelphia Inquirer · 12m

Comcast will spin off its cable channels, including MSNBC and CNBC

The $7 billion spinoff comes as traditional media companies grapple with the diminishing value of what was once an economic pillar of the entertainment business.

Deadline.com on MSN30m

It’s Official: Comcast To Spin Off Cable Networks, Sees New Standalone Company As “Partner And Acquirer” Of Other Media Assets

Comcast has formally unveiled plans to spin out most of its linear cable networks (except Bravo) to shareholders in a ...

4hon MSN

NBCUniversal Split: Comcast To Spin Off Cable Channels Under Mark Lazarus; Donna Langley Consolidates Power, NBC, Peacock & Bravo Stay Put

Donna Langley is in the NBCU driver's seat as the Comcast-owned company prepares to spinoff MSNBC & other cable channels ...

13hon MSN

Comcast stock gains on report that NBCUniversal cable networks will be spun off

Comcast Corp. stock rose in after-hours trading Tuesday after the Wall Street Journal reported the company is expected to ...

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