One of America’s biggest cable TV companies wants out of the cable TV business

In a sign of the growing challenges facing traditional pay television, Comcast is looking to spin off its linear cable networks to focus on streaming and broadband.

After years of investor anticipation, Comcast Corp. is now exploring the potential to spin off its cable networks into a separate entity, Comcast president Mike Cavanagh revealed Thursday during an earnings call. The parent company of NBCUniversal is also considering new partnerships in streaming.