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NBCUniversal Shutting Down Universal Kids Cable Network
NBCUniversal plans to shut down Universal Kids in March ahead of the spinoff of most of its cable network portfolio into a separate company.
The move, slated to take effect March 6, comes as NBCU prepares to spin off most of its cable networks into a new, publicly traded company to be led by longtime senior exec Mark Lazarus. “NBCUniversal remains committed to family entertainment, including award-winning brands Illumination and Dreamworks Animation, as well as Kids-focused programming on Peacock,” a company spokesperson told Deadline in a statement. That joint venture with PBS Kids was a competitor during the pre-YouTube era when Nickelodeon, Disney and Time Warner were its rivals for young viewers and families tuning in on cable.
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