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A corporate spin-off, also known as a spin-out, [1] starburst or hive-off, [2] is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. [3]
A spin-off [3] (also spelled spinoff) [4] is derived from already existing works that focus on more details and different aspects from the original work (e.g. particular topics, characters or events), and includes books, radio programs, television programs, films, video games, or any narrative work in any medium.
A spinoff in television is a new series containing characters or settings that originated in a previous series, but with a different focus, tone, or theme. For example, the series Frasier was a spinoff of the earlier series Cheers: the character Frasier Crane was introduced as a secondary character on Cheers, and became the protagonist of his own series, set in a different city, in the spinoff.
The spin-off is a time-honored corporate transaction. So it's not unusual that American Realty Capital Properties and Simon Property Group have plans to separate out some of their properties as ...
Corporate spin-off, a type of corporate action that forms a new company or entity; Government spin-off, civilian goods which are the result of military or governmental research NASA spin-off, a spin-off of technology that has been commercialized through NASA funding, research, licensing, facilities, or assistance
Angel was a spin-off of Buffy the Vampire Slayer, based on the character of Angel. The series ran for five seasons. Private Practice was a spin-off of Grey's Anatomy, recounting the life of Dr. Addison Montgomery. The spin-off itself, introducing the show's cast, was set up during a season three episode of Grey's Anatomy. The series ran for six ...
The three types of corporate divisions are commonly known as spin-offs, split-offs and split-ups. The spin-off involves a distribution of property to shareholders without the surrender of any stock, which thus resembles a dividend. The split-off resembles a redemption because the shareholders have relinquished stock of the distributing corporation.
The term economic spin-off is widely used in popular media to describe the potential secondary economic effects of project or development. This may reflect a real phenomenon, especially when used looking back into the past, where the results are measurable, though still subject to rival interpretations.