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Comcast to spin off cable networks

CNN on MSN · 2d

Comcast’s cable networks spinoff raises questions about future of the TV business

On Wednesday morning, the media giant confirmed that it is spinning off most of its cable channels, including MSNBC and CNBC, into a separate publicly traded company. The new company doesn’t have a formal name yet — Comcast is simplycalling it “SpinCo” — a suitable label since employees’ heads are spinning with questions.

The Associated Press - Busines… · 1d

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

Comcast is spinning off into a new company many of its cable television networks that were once at the heart of the entertainment giant, as consumers increasingly swap out their cable TV subscriptions

The Washington Post on MSN · 2d

What does the Comcast cable spin-off mean for TV viewers and streaming?

In a move that could portend more changes in the declining business of traditional television, Comcast, the parent company of NBC, announced plans on Wednesday morning to break off several of its cable channels and put them into a separate company.

2don MSN

Comcast is getting rid of most of its cable channels. Read the memo to staff.

Comcast plans to break off some of its NBCUniversal cable channels, including MSNBC, CNBC, E!, Oxygen, and the Golf Channel, ...

1don MSN

The rise of digital voices, and Comcast splitting in two, brings doomsday predictions for traditional media

Comcast confirmed it's spinning off nearly all of its cable properties, which include CNBC and MSNBC, raising questions about ...

2don MSN

Comcast to Spin Off Cable Nets Under CEO Mark Lazarus, Touting “New Growth Trajectory,” Deals

NBCUniversal CFO Anand Kini will become CFO and COO of the new channels company, helping Lazarus develop "an independent ...

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