Comcast Announces Major Spinoff: MSNBC, CNBC, and More to Join New Media Powerhouse in Strategic Shift
Philadelphia, PA — In a bold move that may reshape the media landscape, Comcast announced Wednesday its plan to spin off a substantial segment of its network portfolio into a new, independent entity. This major realignment will see popular networks such as MSNBC, CNBC, and the USA Network transitioning to what is temporarily dubbed “SpinCo.” The decision to segregate these assets from Comcast’s core operations signals a strategic shift, reflecting broader industry trends toward streaming …