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

The BBC understands that the schedule – set to be announced on Wednesday – is to make a recent corporation that will include channels such as MSNBC, CNBC, USA, E!, Syfy and the Golf Channel.

The networks are still profitable and generated a combined income of $7bn (£5.5bn) in the year to the complete of September.

Comcast will keep the NBC broadcast television network, its film and television studios and its theme parks, as well as its Peacock streaming service.

Executives at Comcast depend the schedule will be completed in about a year. Their expectation is that Comcast will be better placed for growth after the spinoff.

They are understood to depend the recent corporation will be in a position to buy other cable TV networks that could potentially leave up for sale in the upcoming.

The recent firm will have the chairman of NBCUniversal’s media throng, Mark Lazarus, as its chief executive.

Comcast’s president, Michael Cavanagh, first hinted at the schedule during a call with investors last month.

At the period, Mr Cavanagh said he was exploring a way that could make “a recent well-capitalised corporation owned by our shareholders and comprised of our powerful capital collection of cable networks”.

Comcast took control of NBCUniversal in 2011 before the rise of streaming. At the period, its cable networks were seen as some of its most attractive businesses.

But a growing number of cable TV viewers have been cancelling their subscriptions and moving on to streaming platforms.

Comcast is the first major media corporation to make such a shift.

Earlier this year, Warner Bros and Paramount Global cut billions of dollars from the assessment of their cable TV networks.

Walt Disney has also considered spinning off its cable networks but ended up scrapping the schedule.