More separation of cable from streaming, this time Comcast’s turn. 

First legacy becomes only streaming  Second further consolidation of both 
Third PBS & NPR lose funding 
Fourth this clears way for new entrants with new ideas around film and media 
Then the cycle repeats 

https://www.wsj.com/business/media/comcast-greenlights-7-billion-spinoff-of-nbcuniversal-cable-channels-cc5c6dc5?reflink=mobilewebshare_permalink

Watch some PE fund bundle together all the cable spin-offs and use it for short collateral 

Disney will be next 

https://www.reuters.com/business/media-telecom/warner-bros-discovery-restructure-split-tv-streaming-businesses-into-two-units-2024-12-12/