Donna Langley is in the NBCU driver's seat as the Comcast-owned company prepares to spinoff MSNBC & other cable channels

Comcast plans to spin off NBCUniversal's cable networks into a separate, publicly traded company, the company said Wednesday. Why it matters: The move will allow NBCUniversal to focus on higher growth opportunities,

After spending billions to snare control of the massive media portfolio known as NBCUniversal, parent company Comcast now plans to break it up. The Philadelphia media giant will move forward with an effort to spin off the bulk of its cable assets,