Published

Comcast Spins Off Cable Networks, Signaling Major Shift in Media Strategy

  • Comcast is spinning off its NBCUniversal cable networks, including MSNBC and CNBC, into a separate public company, signaling a major strategic change.
  • The move comes as traditional cable faces economic challenges due to the popularity of streaming services over cable television.
  • Comcast aims to complete the spin-off within a year, pending board and regulatory approvals.
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