Comcast considers shedding its cable networks to fuel industry consolidation amid linear TV's decline.
beat sheet
Comcast CEO Mike Cavanagh floated the idea of spinning off the company's cable network portfolio, which could get its most troubled assets off the books.
A Comcast cable network sale could trigger a new wave of consolidation in the fast-shrinking linear TV business, as players like Paramount Global and Warner Bros. Discovery seek to shore up their position.
call sheet
Mike Cavanagh, Comcast, Paramount Global, Warner Bros. Discovery