cable television

US media giant Comcast is set to spin off its NBCUniversal cable television arm, as the industry continues to struggle with the emergence of streaming giants like Netflix and Amazon Prime.

The consideration comes as the cable television business is undergoing upheaval.

And some area residents will be without cable television and internet, as Cox Communications announced it will be disconnecting service to 146 customers in the Portuguese Bend Community Assn. starting Monday.

The boss of Foxtel - a majority News Corp-owned cable television company in Australia - has "unreservedly" apologised after an image surfaced of him performing a Nazi salute.

Late last week, Paramount alerted investors that it took a $6-billion write-down on its cable television networks business, in yet another sign that Hollywood is reckoning with the ongoing deterioration of the traditional television business.