Comcast will spin off many of its cable television networks that were once at the heart of the entertainment giant as people increasingly swap out their cable TV subscriptions for streaming platforms.
Those one-time stars of Comcast’s NBCUniversal cable television networks include USA, Oxygen, E!, SYFY and the Golf Channel as well as CNBC and MSNBC. The movie-ticketing platform Fandango and the Rotten Tomatoes movie rating site are also to become part of the new company, Comcast said on Wednesday.
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