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corporate profits to gdp signaling a period of earnings growth ✌️【Market Analysis】✌️ Expert predictions with real-time stock trend analysis to help you quickly select high-potential stocks and grow capital.

corporate profits to gdp signaling a period of earnings growth ✌️【Market Analysis】✌️ Expert predictions with real-time stock trend analysis to help you quickly select high-potential stocks and grow capital. 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.

corporate profits to gdp signaling a period of earnings growth ✌️【Market Analysis】✌️ Expert predictions with real-time stock indices, futures data, and metals, energy market data to help you seize the best investment opportunities. 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.

corporate profits to gdp signaling a period of earnings growth ✌️【Market Analysis】✌️ Free stock data analysis to help you select stocks accurately and capture 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.

corporate profits to gdp signaling a period of earnings growth ✌️【Market Analysis】✌️ Precise predictions of market trends with real-time stock indices and futures data to help you make wise investment decisions. 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.”

corporate profits to gdp signaling a period of earnings growth ✌️【Market Analysis】✌️ Free global stock market data to help you plan the best investment strategies and seize market opportunities. 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.

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