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An insider revealed to CNBC’s Julia Boorstin that Comcast is forging ahead with the spinoff of its esteemed cable network channels.
This anticipated
The groundwork for this strategic move was laid during Comcast’s quarterly earnings report in October when they hinted at a potential split within their cable networks division.
The
Among the notable networks set to be part of this spinoff are E!, Syfy, Golf Channel, USA, and Oxygen according to sources close to the matter. However, Bravo will remain under Comcast’s NBCUniversal umbrella due to its significant presence on Peacock – their popular streaming service.
This intricate process will span about a year as Comcast navigates through potential licensing agreements and
2024-11-19 18:57:46
Post from www.cnbc.com
