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Comcast is exploring separation of cable networks business

NBCUniversal's cable networks portfolio includes Bravo, E!, Syfy, Oxygen True Crime, USA Network, as well as news networks MSNBC and CNBC.

Analyst firm MoffettNathanson estimated there were 4 million traditional pay TV subscriber losses in the first six months of the year, calling it "a mindboggling total." "Like many of our peers in media, we are experiencing the effects of the transition in our video businesses and have been studying the best path forward for these assets," Cavanagh said Thursday. Cavanagh noted that Comcast had stayed out of the fray earlier this year during a back-and-forth sales process for Paramount Global — the storied media company that includes a film studio, portfolio of cable networks and streaming services.

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