Comcast plans to sell MSNBC and CNBC in $7 billion deal as cable TV faces decline

Comcast announced it will sell most of its cable TV properties, including MSNBC and CNBC, in a $7 billion deal. This move reflects the ongoing decline of traditional TV and the company's shift to focus on its core NBCUniversal brand. The new company, called "SpinCo," will operate without the NBC name, raising concerns about its ability to attract viewers and negotiate distribution deals. Employees at affected networks are reportedly anxious about potential layoffs and changes in programming. The media landscape is changing rapidly, with major companies like Disney and Paramount also downsizing their cable operations. The future of cable TV remains uncertain, especially with a potentially media-hostile political environment ahead.