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

By Yahoo! Finance | Nov 20, 2024 at 04:54 PM EST

Comcast is spinning off its cable channels, including MSNBC and CNBC, into a separate company called "SpinCo." Analysts predict industry consolidation as other media companies may follow suit. The move aims to position Comcast and NBCUniversal strategically in a changing media landscape.

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