When Comcast swallowed NBC and Universal Studios 14 years ago, the sibling cable channels USA Network, Bravo and CNBC were considered diamonds in the rough. USA Network had gained traction with its ...

“We see a real opportunity to invest and build additional scale and I'm excited about the growth opportunities this transition will unlock," Mark Lazarus, who will lead the new firm, promised. By ...

MSNBC, CNBC, Syfy, E!, Oxygen, Golf Channel and USA Network will move to a spinoff company, while Bravo will stay with NBCUniversal. By Erik Hayden Executive Editor, Business In a sign of just how ...

Note: This story, originally published Nov. 5, was updated on Nov. 20 to reflect Comcast’s formal plans to spin off its cable networks. Comcast is cutting the cord on its cable network portfolio – a ...

Comcast announced a plan Wednesday to spin off most of its cable television networks into a separate publicly traded company. Subscribe to read this story ad-free Get unlimited access to ad-free ...