Comcast Corp is planning to spin off a large part of its NBCUniversal’s cable TV channels into a separate publicly traded company (SpinCo).

Here's why Bravo will soon be the last remaining cable network in NBCUniversal's arsenal as it spins off its cable portfolio.

With Comcast spinning off cable assets, NBCUniversal will need to develop some new corporate muscles in order to maintain the mojo of the Paris Olympics.

The new venture will house channels like E!, USA and MSNBC, and Comcast also announced several leadership changes.

The spinoff company will be "comprised of a strong portfolio of NBCUniversal's cable television networks, including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel along with complementary digital assets including Fandango and Rotten Tomatoes, GolfNow and Sports Engine," Comcast said today.

Comcast is carving off most of its cable channels. Will its new spinoff be a hunter or prey? The media giant last week put an upbeat spin on its move to shed what Wall Street sees as an albatross - the bulk of NBCUniversal's cable networks,