Comcast Exploring Spinoff of Cable Networks Into New Company ...Middle East

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Comcast Exploring Spinoff of Cable Networks Into New Company
Comcast, amid the upheaval in the TV biz caused by cord-cutting, is considering spinning off NBCUniversal’s portfolio of cable networks into a new publicly traded company. Comcast president Mike Cavanagh announced the exploratory plans on the conglomerate’s Q3 earnings call. NBCU’s cable networks include Oxygen, Bravo, MSNBC, CNBC, USA, E!, Syfy, Universal Kids and Spanish-language […]

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