Spinoffs

Spinoffs are new companies or products that are created from an existing company or project, typically through a process of separation or division. In business, a spinoff usually involves taking a portion of the parent company's assets, operations, or divisions and forming a new, independent entity. The objective of spinoffs is often to create more focused operations, unlock value in the separated entity, and allow both the parent and spinoff to pursue their own strategic goals. In the context of entertainment, spinoffs refer to new media productions, such as television shows, films, books, or games, that are derived from existing works, featuring characters, settings, or themes that expand upon the original content. Spinoffs can serve to capitalize on the popularity of the source material and attract a dedicated audience.