It’s Official: Comcast To Spin Off Cable Networks, Sees New Standalone Company As “Partner And Acquirer” Of Other Media Assets

Comcast has formally unveiled plans to spin out most of its linear cable networks (except Bravo) to shareholders in a separate company, a move that President Mike Cavanagh said puts all of NBCUniversal “on a new growth trajectory.” Deadline reported many of the details yesterday including leadership of the new entity (initially called SpinCo) by […]