Comcast Weighs Cable Networks Spinoff Amid Subscriber Losses, While Peacock Gains Boost from Summer Olympics

Comcast is considering separating its cable networks business into a standalone entity. The proposed spinoff would exclude broadcast network NBC and streaming service Peacock, focusing instead on brands like Bravo, USA Network, and MSNBC. Comcast continues to lose cable subscribers, while Peacock gained subscribers due to exclusive coverage of the Summer Olympics. Cavanagh stated the company is still in the early stages of exploring the separation and has no timeline for a formal announcement.