Comcast to spin off cable networks

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Comcast (CMCSA) is spinning off its NBCUniversal cable TV networks, including MSNBC, CNBC, and USA, into an independent company called SpinCo. This move comes as the cable business faces economic challenges with many consumers turning to streaming services.

While analysts view this as a positive for Comcast, Yahoo Finance Co-hosts Seana Smith and Brad Smith discuss a note from Barclays that raised concerns about how the spin-off may not make financial sense.

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This post was written by Cindy Mizaku.