Comcast Plans Spin-Off of Cable Networks

Comcast announced plans to spin off its struggling cable networks, including MSNBC, into a new entity dubbed SpinCo, which is expected to launch in late 2025. This decision comes amid a significant ratings decline for MSNBC, which has dropped 53% following Donald Trump's recent presidential victory. The announcement has stirred anxiety among MSNBC staff, particularly after co-hosts Joe Scarborough and Mika Brzezinski faced backlash for their meeting with Trump, prompting some viewers to vow never to watch the show again. Comcast's leadership expressed confidence that the new venture will be positioned for growth, despite concerns about the future viability of cable networks in a rapidly changing media landscape. The spin-off raises questions about MSNBC's ability to sustain itself without the resources of NBC News, which it has relied on for newsgathering. As the cable industry continues to struggle, the move highlights the shifting dynamics of television towards streaming services.