Comcast is considering spinning off its cable network business, which includes USA Network, Syfy and Bravo, as the media giant grabbles with the changes in the linear television industry.

Comcast said it was considering spinning off its cable networks that include CNBC and MSNBC into a separate company, as the media industry grapples with a decline in traditional TV viewership due to cord-cutting by consumers shifting to streaming.

The company’s president, Mike Cavanagh, said the company was also considering finding a partner for its Peacock streaming service.

In a sign of the growing challenges facing traditional pay television, Comcast is looking to spin off its linear cable networks to focus on streaming and broadband. After years of investor anticipation,

Comcast is contemplating the prospect of spinning off its cable networks into its own, standalone company, writes Ryan Mulligan for the Philadelphia Business