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Comcast Plans Spinoff of NBC's Universal Cable Networks Amid Streaming Era Shift

Name: Comcast Plans Spinoff of NBC's Universal Cable Networks Amid Streaming Era Shift
Uploaded: 2024-11-20T15:00:00-08:00
Channel: NBC Palm Springs
Description: Comcast is reportedly moving forward with plans to spin off NBC's Universal cable networks, including CNBC, MSNBC, USA, E!, Sci-Fi, and the Golf Channel, into a separate company owned by Comcast shareholders. This decision reflects a shift in focus toward streaming as traditional cable viewership declines.

By: NBC Palm Springs

November 20, 2024

Comcast spinoffNBC Universal cable networksCNBCMSNBCUSA NetworkESciFi ChannelGolf Channelstreaming eraComcast shareholderscable network profitability7 billion revenuePeacockBravoNBC StudiosComcast restructuring

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