In addition to MS NOW, USA Network and Golf Channel will merge into a new USA Sports brand and CNBC will change its logo but retain its name

The cable news channel is getting a new name and dropping NBC's peacock logo as part of a spinoff from NBC Universal.

Largely due to the trend of cord cutting, NBC is splitting off MS NOW, CNBC, the Golf Channel, and several other cable TV networks into a new company called Versant. Other networks include USA Network, E!, Oxygen, and SYFY. The new company will also own Fandango and Rotten Tomatoes.

Its logo will change from NBC’s trademark rainbow peacock to a blue background with a red-and-white striped flag.

Versant is rebranding MSNBC as MS NOW, which stands for My Source for News, Opinion and the World, and dropping the iconic Peacock logo as part of the change. The rebrand, announced Monday, is part of Comcast’s efforts to separate the progressive cable news channel from NBC News and its other assets as

MSNBC is changing its name to MS NOW (short for My Source for News Opinion and the World). MSNBC will have a new name as it seeks to carve out an identity that will have it competing for scoops and news with current corporate sibling NBC News following the spin-off of the bulk… pic.twitter.com/3QOvpP8ZBL

An email to Versant staff announced that USA Network's sports content will merge with Golf Channel as "USA Sports," among other changes.

As NBCUniversal spins off its cable holdings, MSNBC is rebranding without the rainbow Peacock. When MSNBC spins off from NBCUniversal (NBCU) by the end of the year to become an independent company, it will have a new name and logo.