Comcast Taps Morgan Stanley to Advise on Cable Networks Spinoff.

Comcast Corp. is considering divesting its cable networks and has enlisted Morgan Stanley to explore options for the business. The cable provider owns networks such as MSNBC, CNBC, E!, and Bravo, among others. Comcast President Mike Cavanagh mentioned the possibility of separating the cable networks into a new company to adapt to the changing media landscape and create value for shareholders. This move could potentially help Comcast increase its valuation and attract interest from other companies in the industry. [Extracted from the article]