Comcast to spin off portfolio of cable networks including MSNBC and CNBC

Wed, 20 Nov 2024

Telco giant plans to keep NBC, though detangling talent and resources from spun-off networks will prove a challenge

The US telecommunications giant Comcast announced plans to spin off cable networks including MSNBC and E! as traditional TV audiences continue to dwindle.

MSNBC, E!, CNBC, USA, Oxygen, SYFY and the Golf Channel will form part of a new, publicly traded company, while Comcast focuses on brands including NBC and Bravo.