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Comcast to spin off cable assets

Comcast will announce the spinoff of cable networks Wednesday, sources say

Comcast is moving forward with the spinoff of its cable networks, including CNBC, MSNBC and E!, according to people familiar with the matter. Sources say the spinoff will be announced Wednesday and is expected to take about a year to complete.

Reuters on MSN · 9h

Comcast to proceed with plans to spin off its cable channels, sources say

Comcast is moving forward with plans to spin off its NBCUniversal cable television networks including MSNBC and CNBC, sources say, shedding a once core part of the business that has been a casualty of the streaming video revolution.

The Wall Street Journal on MSN · 4h

Comcast Greenlights $7 Billion Spinoff of NBCUniversal Cable Channels

The new venture will house channels like E!, USA and MSNBC, and Comcast is set to announce several leadership changes.

1hon MSN

NBCUniversal Split: Comcast To Spin Off Cable Channels Under Mark Lazarus; Donna Langley Consolidates Power, NBC, Peacock & Bravo Stay Put

Donna Langley is in the NBCU driver's seat as the Comcast-owned company prepares to spinoff MSNBC & other cable channels ...

9hon MSN

It looks like there's a big shake-up at Comcast coming

Comcast plans to spin off some NBCUniversal cable channels. The planned spinoff includes MSNBC, CNBC, E!, and Oxygen, among ...

10hon MSN

Comcast stock gains on report that NBCUniversal cable networks will be spun off

Comcast Corp. stock rose in after-hours trading Tuesday after the Wall Street Journal reported the company is expected to ...

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