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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.

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CNN

Comcast to spin off cable networks, once star performers for the entertainment giant

ABC News

Comcast to spin off cable networks, once star performers for the entertainment giant

ABC News

Comcast to spin off cable networks, once star performers for the entertainment giant

ABC News

Comcast announces plan to spin off cable channels, including MSNBC, CNBC and USA

NBC News

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The Guardian

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Axios

Comcast to spin off cable networks, once star performers at the entertainment giant

Associated Press

Comcast to spin off cable networks, once star performers at the entertainment giant

The Independent

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Business Insider

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Straight Arrow News

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BBC News

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NBC News

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New York Post

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CNN

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Newsmax

Overview

A summary of the key points of this story verified across multiple sources.

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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Comcast to spin off cable networks that were once the entertainment giant's star performers

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Comcast to spin off cable networks that were once the entertainment giant's star performers

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Why 'Real Housewives' maker Bravo is the only cable TV network that Comcast doesn't want to get rid of

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Comcast's cable network spinoff may be a signal to the media industry for necessary change

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Comcast's cable network spinoff may be a signal to the media industry for necessary change

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Comcast to spin off cable networks, once star performers for the entertainment giant

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Comcast announces plan to spin off cable channels, including MSNBC, CNBC and USA

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Comcast announces plan to spin off cable channels, including MSNBC, CNBC and USA

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Comcast to spin off NBCU's cable channels

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Comcast to spin off NBCU's cable channels

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Comcast doesn't want its cable TV networks anymore

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Comcast to announce the spinoff of cable networks, including MSNBC, CNBC and USA, sources say

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Comcast will announce the spinoff of cable networks Wednesday, sources say

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Comcast to spin off cable assets: Report

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Comcast is getting rid of most of its cable channels

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Comcast is getting rid of most of its cable channels

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