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Comcast to Spin off Cable Networks
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.
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 cable networks, once star performers at the entertainment giant
Comcast is spinning off many of NBCUniversal’s cable television networks, including USA Network, CNBC and MSNBC, into a separate public company.
11m
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 ...
28m
on MSN
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 ...
13h
on 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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