TV networks MSNBC and CNBC to be spun off by Comcast
Channels including USA, Oxygen, E! and Syfy will also be moved to the new media company.
CNBC is an American business news channel owned by NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts business news and analysis programming during the morning, daytime trading day, and early-evening hours, while off-peak hours are filled by business-related documentaries and reality television programming, as well as occasional NBC Sports presentations. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and podcast content, as well as subscription-based services. CNBC's headquarters and main studios are located in Englewood Cliffs, New Jersey, while it also maintains a studio at the Nasdaq MarketSite in Times Square, New York City.
Channels including USA, Oxygen, E! and Syfy will also be moved to the new media company.
MSNBC, CNBC, USA, E!, Syfy and the Golf Channel will be moved to the new company.