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Best IT Stocks for Investment in India Expert Research Backed Picks ✌️【Smart Picks】✌️ Real-time updates of global stock, futures, and commodity market data to keep you in sync with the latest market trends. Comcast is planning to spin off most of its cable television networks, including MSNBC and CNBC, into a separate publicly traded company, according to executives with knowledge of the plan.

Best IT Stocks for Investment in India Expert Research Backed Picks ✌️【Smart Picks】✌️ Free real-time stock data analysis to help you capture global market trends and steadily grow your capital. The spinoff is expected to be formally announced on Wednesday. The Wall Street Journal, whichfirst reportedthe impending announcement on Tuesday evening, said the involved channels also include USA, Oxygen, E!, Syfy and Golf Channel.

Comcast’s NBCUniversal division is keeping Bravo, the NBC broadcast network, the Peacock streaming service, and all of its other assets, like NBC Sports and the Universal theme parks.

Best IT Stocks for Investment in India Expert Research Backed Picks ✌️【Smart Picks】✌️ Expert market predictions with real-time global market, futures, metals, and energy data to help you stay in tune with market trends. The separate cable channel company will have the same sort of ownership structure as Comcast, but will have its own management team, led by NBCUniversal Media Group chairman Mark Lazarus, who will become CEO of the new venture.

Best IT Stocks for Investment in India Expert Research Backed Picks ✌️【Smart Picks】✌️ Free break-even services with professional advisors to help you quickly recover and avoid losses, achieving steady growth. While observers may view the spinoff as an attempt to shed cable channels that are losing value in the streaming age, the channels still contribute strong profits to Comcast’s bottom line. The company’s executives are expected to portray the spinoff as a growth opportunity for an industry in transition, with an eye toward acquiring other channels in the future.

Of course, the standalone cable network venture could also attract buyers as well as sellers. Wall Street analysts are predicting further consolidation of major media companies in the years ahead.

Comcast president Mike Cavanaugh foreshadowed the spinoff during a conference call with investors last month. He said the company was going to study whether it was a good idea to create “a new well-capitalized company that would go to our shareholders” comprised of “our cable portfolio networks.”

Craig Moffett, an analyst with MoffettNathanson,told Varietythat “investors have yearned for exactly this, or at least something close to it, for years.”

Best IT Stocks for Investment in India Expert Research Backed Picks ✌️【Smart Picks】✌️ Real-time global market indices and futures data to help you capture market opportunities and achieve stable growth. Notably, the spinoff will cleave MSNBC and CNBC, two profitable parts of the NBCUniversal News Group, away from the core news-gathering operation of NBC News. In recent years NBC has tried to bring its broadcast and cable news operations closer together. Now they may be peeled back apart.

Best IT Stocks for Investment in India Expert Research Backed Picks ✌️【Smart Picks】✌️ Provides real-time stock market data to help you select stocks accurately and plan the best investment strategies. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Stock Trading Community 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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