Entrepreneurship

Comcast unveils SpinCo as a stand-alone media powerhouse

The newly formed company will oversee networks like CNBC and digital platforms like Rotten Tomatoes, signaling Comcast’s pivot to modern growth areas.

Comcast Corporation (NASDAQ: CMCSA) announced Wednesday plans to spin off several major cable television networks and digital properties into an independent media company called SpinCo, marking a significant shift for the media giant. 


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