MSNBC parent Comcast weighs spin-off of declining cable networks
NBC parent Comcast is exploring developing its struggling cable network business, including left-leaning MSNBC, President Mike Cavanagh said Thursday. Cavanagh revealed during the third-quarter earnings call that the media giant is considering creating a “new, well-capitalized company owned by our shareholders and comprised of our strong portfolio of cable networks.” Cable networks include MSNBC, CNBC,…