Can media company spinoffs of brands like CNN and CNBC be good for investors? Here’s what history tells us. - MarketWatch
1. Comcast plans to spin off cable channels into a new company, Versant. 2. Versant expected to have minimal debt and generate $7 billion in revenue. 3. Management team includes veterans focused on acquisitions and new programming. 4. Past spinoffs show mixed results; operational structure and debt crucial for success. 5. Market analysts cautious due to Versant's reliance on declining assets.