Spin-off Meaning: Definition, Examples, and Translations

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spin-off

[ˈspɪnˌɒf ]

Definitions

Context #1 | Noun

business

A spin-off is a new company or business entity created from an existing larger company, typically through the sale or distribution of new shares of the subsidiary. Spin-offs are often undertaken to allow the parent company to focus on its core business activities.

Synonyms

divestiture, offshoot, separation.

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Word Description / Examples
spin-off

Typically used in business to describe a new company created from a larger parent company. It often has a positive connotation, implying growth or creativity.

  • The tech giant announced a spin-off of its gaming division to create new opportunities.
  • The spin-off of the division allowed it to focus on its core strengths.
divestiture

Primarily used in a business context to describe the process of selling off or disposing of a part of a company. It often involves financial or strategic reasons and sometimes has a more neutral or negative connotation.

  • The company announced a divestiture of its underperforming assets.
  • Due to regulatory issues, the corporation had to proceed with a divestiture of some of its subsidiaries.
separation

Generally used to describe the act of making two or more parts or people become no longer connected. In business, it can refer to the process of splitting a company into parts, often with a neutral or practical tone.

  • The separation of the two companies was necessary for strategic reasons.
  • After the separation, each business unit could operate more efficiently.
offshoot

Used to refer to something that has developed from something larger, often implying a natural growth or development. It can be used in both business and non-business contexts.

  • The popular TV series is an offshoot of a well-known movie.
  • The new branch is an offshoot of the main company, focusing on innovation.

Examples of usage

  • The tech giant announced the spin-off of its cloud computing division.
  • The spin-off will operate as a separate entity with its own management team.
Context #2 | Noun

entertainment

In the entertainment industry, a spin-off refers to a new television show, movie, or book that is derived from an existing popular work, typically focusing on a specific character or theme.

Synonyms

derivative, offshoot, sequel.

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Word Description / Examples
spin-off

It is used to describe a new product, company, or series that comes from an existing one. Often used in business, entertainment, and media contexts.

  • The popular TV show had a spin-off that focused on one of its beloved characters.
  • The company launched a spin-off to explore new markets.
derivative

Typically used in a more formal context to describe something that is developed from something else, especially if it lacks originality. It can have a somewhat negative connotation.

  • The artist's work was criticized for being derivative and uninspired.
  • This financial instrument is a derivative whose value is based on underlying assets.
offshoot

Used to refer to something that logically develops or branches off from something else. Common in both literal and figurative senses, such as plants or organizations.

  • The new research institute is an offshoot of the university.
  • This plant is an offshoot of the main stem.
sequel

This specifically refers to a work that continues the story or develops the theme of an earlier one, often used in literature, films, and video games.

  • Fans are eagerly awaiting the sequel to the best-selling novel.
  • The movie's sequel will be released next summer.

Examples of usage

  • The popular TV series had a successful spin-off focusing on one of the supporting characters.
  • The spin-off movie explored the backstory of the main villain from the original film.

Translations

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Interesting Facts

Pop Culture

  • Popular spin-offs like 'Frasier' emerged from 'Cheers,' showcasing how beloved characters can continue their stories in different settings.
  • Television networks often rely on spin-offs to capitalize on the success of original shows, as they tend to attract established fanbases.
  • Within the Star Wars universe, shows like 'The Mandalorian' have become incredibly popular, demonstrating that spin-offs can create entire new story arcs.

Business

  • Spin-offs in business often help companies focus on their core competencies by creating independent entities.
  • An example includes PayPal, which originated from a spin-off of Confinity, showcasing how innovative services can emerge from larger companies.
  • These new companies can bring fresh ideas to the market and engage differently with consumers.

Media Studies

  • Media theorists argue that spin-offs contribute to a narrative universe, allowing for richer storytelling by exploring characters in depth.
  • Critics often debate the quality of spin-offs, as they can sometimes diverge from the original's premise but can also offer new perspectives.
  • The success or failure of spin-offs frequently affects public perception of the original work, influencing future productions.

Literature

  • In literature, spin-offs can take the form of prequels or sequels that explore different characters within a well-known world.
  • A famous example is the 'Alice' series by Lewis Carroll, which inspired various spin-off books expanding on the characters and themes.
  • Fan fiction often acts as an informal type of spin-off, with writers expanding on existing stories and creating new scenarios.

Origin of 'spin-off'

Main points about word origin

  • The term 'spin-off' originally comes from the business world, where it described companies created from larger corporations, expanding into new markets.
  • In the 1970s, 'spin-off' gained popularity in entertainment as shows expanded from existing ones, creating new narratives and characters.
  • The phrase relates to the idea of 'spinning off' or branching out from an established source.

The term 'spin-off' originated in the business world in the mid-20th century to describe the process of creating a new company through the divestiture of a subsidiary. Over time, the term expanded to other industries, including entertainment, where it refers to derivative works based on existing popular content. The concept of spin-offs continues to be prevalent in various sectors as a strategy for growth and innovation.