Phrasal Verb: Spin off

Meaning: Produce an unexpected additional benefit

Example: The research SPUN OFF a number of new products as well as solving the problem.

Meaning: Form a separate company from part of an existing one

Example: They SPUN OFF the retail division last year.

Meaning: Create a TV show using characters from a popular show

Example: They SPUN it OFF from the main show, but it didn't really attract many viewers.