Comcast plans to spin off some NBCUniversal cable channels, including MSNBC and CNBC, aiming to enable growth in remaining assets like NBC and Peacock.
Analysts noted that selling its cable networks could increase Comcast's valuation, although the effectiveness of this strategy remains uncertain.
The proposed spinoff is seen as indicative of cable TV's decline, as channels like USA, CNBC, and E! may not hold substantial individual value.
Mark Lazarus is expected to be named CEO of the new entity formed from the spinoff of cable networks, maintaining a structure similar to Comcast's.
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