The news: Comcast discussed its plan to spin off several NBCUniversal cable networks into a new company, SpinCo, during its earnings call last week, signaling a major shift in its media business.
- Originally announced in November, SpinCo will include USA Network, CNBC, MSNBC, Syfy, E!, Oxygen, Golf Channel, and digital brands like Fandango and Rotten Tomatoes.
- NBC, Bravo, and Peacock will remain with NBCUniversal, emphasizing their importance to the company’s broadcast and streaming ambitions.