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Los Angeles Times

Los Angeles Times

What the Comcast cable network spinoff means for MSNBC and NBC News

Los Angeles Times
Summary
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74% Informative

MSNBC is being upended by the very technology it first embraced, with streaming video now accounting for nearly half of all TV viewing.

The decline of pay TV has culminated in Comcast placing MSNBC in a spinoff company that will essentially be a repository for its cable outlets.

The spinoff, valued at $7 billion , isn't expected to be completed for about a year .