When you look at our assets, talented management team, and balance sheet strength, we are able to set these businesses up for future growth. With significant financial resources from day one, SpinCo will be ideally positioned for success and highly attractive to investors, content creators, distributors, and potential partners.
Once seen as a major power move, the value of traditional cable networks has since plummeted as audiences migrate to streaming platforms. With Comcast doubling down on streaming, broadband, and studios, the separation allows the company to pivot more aggressively toward future growth.
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