Comcast Spins Off Cable Channels to Tackle Streaming Shift
VoIP Review
NOVEMBER 21, 2024
Comcast , a leading US telecommunications company, plans to spin off several of its cable TV channels into a new entity. This decision was confirmed during the recent earnings call where Comcast President Mike Cavanagh discussed the company’s strategic restructuring. Channels like MSNBC, CNBC, and E!, which collectively generated around $7 billion in revenue last year, will be part of this new company, tentatively named ‘SpinCo’ The move aims to address the challenges faced in
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