Comcast plans to spin off NBCUniversal, including MSNBC and CNBC, to boost its own share value.

Comcast plans to spin off NBCUniversal, separating it into two independent companies. This move follows Comcast's previous acquisitions of NBCU in 2011 and 2013. The spinoff aims to isolate NBCU's struggling cable networks and potentially boost Comcast's share value. MSNBC and CNBC are among the channels to be spun off, amid declining ratings and the trend of people cutting cable TV. The impact on NBCU's share value and talent is uncertain.

November 20, 2024
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