At Comcast’s Cable Networks, Staffers Express Uncertainty, Disappointment and Skepticism — but Also Optimism — About Looming Spin-Off

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NBCUniversal cable networks and businesses Comcast intends to spin off next year? As you would expect, there’s a degree of anxiety over the move to create “SpinCo,” carved off from Comcast and NBCU, with a number of unanswered questions about what’s next.

And there’s dismay over the perception that SpinCo is “a mishmash of shitty stuff,” as one employee put it — casualties of the streaming wars.

Comcast, after all, essentially said that a reason it’s jettisoning the declining cable networks (excluding Bravo) is to improve the core company’s growth profile and valuation, with a focus on Peacock.

SpinCo will include basic cable nets MSNBC, CNBC, USA Network, Oxygen, E!, Syfy and Golf Channel along with digital properties Fandango, Rotten Tomatoes, GolfNow and SportsEngine.

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