Philadelphia cable and broadband giant Comcast is looking to spin off NBCUniversal's linear cable TV networks in the cord-cutting era.

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

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.

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.

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