Why Wall Street is skeptical about Comcast's proposal to ditch its cable networks and pair Peacock with a competitor
Briefly

Mike Cavanagh, Comcast's president, floated the idea Thursday of spinning out cable networks like CNBC and MSNBC into a new firm while holding on to NBC. If this sounds familiar, it's because rival Disney considered a similar move last summer - floating a sale of its broadcast network, ABC - before later backtracking.
Comcast said this week it might separate from its cable networks and marry off its streaming service. Several media analysts worry that those moves might only end in heartbreak.
Despite Comcast's recent success with Peacock adding three million subscribers, analysts argue that a strategic separation from cable could spotlight the value of its growth in streaming.
Several industry analysts said that Comcast could increase its valuation by divorcing itself from its declining cable networks, as it would help emphasize its burgeoning streaming business.
Read at Business Insider
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