Comcast announces plan to spin off cable channels, including MSNBC, CNBC and USA
The new company will include the USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and the Golf Channel. Comcast will retain as part of NBCUniversal the NBC broadcast network, including NBC News; NBC Sports; the streaming service Peacock; and the cable channel Bravo.
Comcast to announce spinoff of NBCUniversal's cable assets
Media giant Comcast is expected to announce Wednesday that it is spinning off many of its cable channel assets out of NBCUniversal, leaving it with more profitable NBC News and a handful of other outlets.
Comcast Reportedly Plans To Spin Off NBCUniversal Cable TV Networks
Comcast (CMCSA) is planning to spin off its NBCUniversal cable TV networks, a move that could result in the separation of assets such
Comcast to announce the spinoff of cable networks, including MSNBC, CNBC and USA, sources say
The split would cleave off some of NBCUniversal’s best-known brands, which face the same cord-cutting challenges as many other major cable channels.
Comcast Plans Massive Cable Spin-Off, Separating USA, MSNBC and More From NBC, Theme Parks
Comcast plans to spin off the bulk of its NBCUniversal cable networks, separating USA, MSNBC, E! and more from the NBC broadcast network
Comcast Greenlights $7 Billion Spinoff of NBCUniversal Cable Channels
The new venture will house channels like E!, USA and MSNBC, and Comcast is set to announce several leadership changes.
Comcast plans to spin off NBCU's cable channels
The move will allow NBCUniversal to focus on higher-growth opportunities, like streaming, theme parks and entertainment.
Comcast to spin off NBCUniversal TV networks
US media giant Comcast is set to spin off its NBCUniversal cable television arm, as the industry continues to struggle with the emergence of streaming giants like Netflix and Amazon Prime. The BBC understands that the plan - set to be announced on Wednesday - is to create a new company that will include channel.
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