Comcast Announces Intent To Create Spin-Off Of Select Cable Networks Including USA Network
Comcast Corporation has announced its intention to create a new publicly traded company comprised of a strong portfolio of NBCUniversal’s cable television networks, including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel. USA Network is the current home of WWE SmackDown and WWE Raw. WWE Raw will move to Netflix in January 2025.