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Comcast to spin off NBCUniversal TV networks

Source: BBC

US media giant Comcast is set to spin off its NBCUniversal cable television arm, as the industry continues to struggle with the emergence of streaming giants like Netflix and Amazon Prime.The BBC understands that the plan - set to be announced on Wednesday - is to create a new company that will include channels such as MSNBC, CNBC, USA, E!, Syfy and the Golf Channel.The networks are still profitable and generated…

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Read the original source at BBC