A spin-off is a type of media production that takes characters, settings, or themes from an existing work and creates a new, independent story. This can occur in various formats, including television shows, movies, or books. For example, a popular character from a series might become the focus of their own show, allowing for deeper exploration of their story. In the business world, a spin-off refers to a company that is created when a parent company separates part of its operations into a new, independent entity. This can help the new company focus on its specific market or product, potentially increasing efficiency and profitability. An example of this is when a large corporation like General Electric spins off a division to operate independently.