Media
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Comcast to Spin Off Cable Networks Amid Declining TV Subscriptions
By UBS News Staff | November 20, 2024 Comcast announced plans to spin off several cable networks, including CNBC, MSNBC, and E!, into a new entity temporarily named “SpinCo.” The process is expected to take about a year, according to a company memo. Notably, Bravo will remain part of NBCUniversal to bolster its streaming platform, […]