Comcast is set to spin off its cable networks, including well-known channels such as MSNBC, CNBC, and USA, into a separate company as part of a $7 billion move to boost streaming growth. This seismic change in the media landscape is aimed at navigating the increasing impact of streaming on traditional cable subscriptions. The company plans to make an official announcement regarding this significant business shift on Wednesday. The spin-off reflects a broader strategy to adapt to the evolving media environment, as Comcast works to enhance its focus on digital content delivery.