Comcast Corp. plans to separate its cable-TV networks business and focus on acquiring more cable channels and developing its own streaming services.
The new entity aims to expand its programming portfolio, particularly in areas like documentaries and food-related content that are currently lacking.
The company is exploring various options to enhance its offerings and strengthen its market position in the competitive media landscape.
This move aligns with the broader trend of traditional media companies adapting to changing consumer preferences and the growing demand for diverse streaming content.