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 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 is spinning off many of NBCUniversal’s cable television networks, including USA Network, CNBC and MSNBC, into a separate public company.