Comcast Taps Morgan Stanley to Advise on Cable Networks Spinoff - Bloomberg

Comcast store in Richmond, California

Photographer: David Paul Morris/Bloomberg

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.

Morgan Stanley is helping Comcast, a cable provider and media company, study scenarios for the networks, the people said. Comcast owns cable networks including MSNBC, CNBC, E! and Bravo, among others. It hasn’t specified which ones might be split off, and it could still decide to keep them.