Comcast Officially Spins Off Its Cable Properties
Comcast officially moved forward with its proposed plan of spinning off the majority of its cable assets into a separate company. Plugged In: Spinning off its declining cable brand frees NBCUniversal to focus on its stable or growing businesses without the extra weight on its balance sheet. Between the Spinoffs: The new cable-focused company, dubbed “SpinCo” for now, is ready […]