Comcast Corp. is working with investment bank Morgan Stanley to evaluate options for its cable networks, according to people familiar with the matter, after announcing this week it’s considering divesting the business.

Analysts think Comcast’s sprawling empire could get more investor respect without its troubled cable networks, and the networks could benefit from being on their own as well.

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

Comcast is considering spinning off NBCUniversal's portfolio of cable networks into a new publicly traded company, president Mike Cavanagh said.

Comcast on Thursday said in its third-quarter earnings call that it is considering spinning off its cable network portfolio into a separate company.

Comcast is exploring the idea of making a stand-alone company for its cable networks. The American multinational telecommunications and media conglomerate is the second-largest cable provider in the United States,