Comcast asks Morgan Stanley to advise on cable network spinoff

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 that it is considering spinning off 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 has not yet been specified which of these will be spun off, and the company could still decide to keep them.