The separation would not include the broadcast network NBC or streaming platform Peacock.During the company's third-quarter earnings call with investors, Cavanagh said the company is exploring creating"a new, well-capitalized company owned by our shareholders and comprised of our strong portfolio of cable networks."The possible separation would not include broadcast network NBC nor streaming service Peacock, he added.
Billionaire CEO shares the No. 1 red flag he sees in employees: It has ‘a huge correlation to success'"We are not ready to talk about any specifics yet, but we'll be back to you as and when we reach firm conclusions," he said.The comments come as millions of customers continue to flee the traditional pay TV bundle in favor of streaming. Comcast has been beefing up Peacock, which got a boost during the third quarter when it exclusively aired the Summer Olympics in Paris.