The news: Comcast is officially separating its linear TV and digital assets, positioning its streaming venture to act more aggressively without conventional TV’s decline dragging it down.
- A separate, publicly traded entity tentatively named SpinCo will be formed that will consist of the majority of Comcast’s cable TV networks, including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY, Golf Channel, as well as digital assets Fandango, Rotten Tomatoes, and others, Comcast said Wednesday.
- NBCUniversal will retain reality network Bravo, Peacock, Telemundo, theme parks, and certain TV and film studios.