Comcast to Spin Off NBCUniversal Cable Networks Amid Streaming Trend
Comcast plans to spin off its NBCUniversal cable networks into a new company, responding to declining cable subscriptions and shifting to streaming services.
What the Comcast cable network spinoff means for MSNBC and NBC News
Los Angeles Times
Comcast to spin off MSNBC, CNBC into separate company
The Post Millennial
Comcast doesn't want its cable TV networks anymore
Business Insider
Comcast to spin off its NBCUniversal cable channels
Straight Arrow News
Comcast is getting rid of most of its cable channels
Business Insider
Comcast to spin off MSNBC, CNBC and cable channels
Los Angeles Times
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Overview
Comcast will spin off its NBCUniversal cable networks, including USA and CNBC, into a new entity called 'SpinCo,' as part of a strategy to focus on streaming. Peacock remains with Comcast. This decision reflects the industry's shift away from traditional cable amid declining subscriptions, with experts predicting potential challenges and consolidation for the new company.
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