A spin-off is a type of business strategy where a company creates a new independent entity by separating part of its operations, assets, or product lines. This new entity often focuses on a specific market or product that may have been overshadowed within the parent company. Spin-offs can help both the parent company and the new entity to concentrate on their core strengths and improve overall performance. In the entertainment industry, spin-offs refer to new shows or movies that are derived from existing ones, often featuring characters or storylines from the original. For example, the television series Better Call Saul is a spin-off of Breaking Bad, focusing on the backstory of the character Saul Goodman. Spin-offs can attract existing fans while also appealing to new audiences.