whats "spin off" mean?

a_Mickey_Muppet

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like the topic says! What is it? NOT like a spin off from a TV, i mean a spin off as in like Viacom (Paramount) spun off DreamWorks (live action) & CBS! like does it mean they sold it and NOTHING to do with anymore?

I know dumb question hehe :embarrassed:
 

Sgt Floyd

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I've never heard the term used that way before. Are you maybe thinking of "spawned"? Or "split"?

If I'm even understanding what you are asking...
 

Sgt Floyd

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And I was right...I had no idea what he was asking...

*crawls back into her hole*
 

CensoredAlso

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I still DONT get it! English please! simpler would be nice!
I think the significant definition is here:

"The distribution by a business to its stockholders of particular assets and especially of stock of another company; also : the new company created by such a distribution"
 

D'Snowth

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Actually, a_Mickey_Muppet DOES have it PARTLY right... some people DO use the term "spin off" when refering to a person or group of people from one company decide to part ways and form their own company.
 

dwmckim

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I always thought it was how one exited a skating rink myself.
 
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