Comcast Spinoff Will Look to Buy Channels, Expand Into Streaming

The cable-TV networks business being spun off by Comcast Corp. will explore acquiring other cable channels and creating its own streaming services to grow after separating from its parent.

Channels specializing in documentaries or food-related shows are among the options for the new company, according to people familiar with the plans. Those are two programming areas the current portfolio lacks.

The spinoff, which hasn’t been named, could also create its own streaming business or packages of channels for online distributors like Amazon.com Inc., said the people, who asked not to be identified discussing nonpublic information. The spinoff will likely ...