Comcast spins off MSNBC, CNBC, USA Network into co
Comcast to Spin Off Major Networks Into New Company in January 2026
Comcast spins off MSNBC, CNBC, USA Network into co
Comcast Corporation is moving ahead with a major corporate restructuring that will see many of its well-known cable television networks — including MSNBC (rebranded as MS NOW ), CNBC , USA Network , E!, Syfy , Oxygen and the Golf Channel — shifted out of the NBCUniversal corporate umbrella and into a new, independent media company this month. What’s Happening? Comcast is finalizing the long-planned spin-off of its cable TV networks and related digital assets into a separate publicly traded entity named Versant Media Group, Inc. . This separation will create a standalone media company, removing these networks from Comcast’s core portfolio while allowing the parent company to focus on its strategic priorities — such as broadband services through Xfinity , streaming with Peacock , its theme parks and NBC broadcast operations. The spin-off had originally been scheduled to complete by late 2025 , but Comcast postponed that timeline into January 2026 due to market conditions and regulatory reviews. …
