Comcast Spinoffs Cable Networks
This is a news story, published by CNN, that relates primarily to Comcast news.
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•Comcast to spin off its cable channels, including MSNBC and CNBC, into separate company | CNN Business
78% Informative
Comcast is planning to spin off most of its cable television networks into a separate publicly traded company.
The Wall Street Journal first reported the impending announcement on Tuesday evening .
The separate cable channel company will have the same sort of ownership structure as Comcast , but will have its own management team.
MSNBC and CNBC are two profitable parts of the NBCUniversal News Group .
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