The move announced Monday will separate Comcast’s media and entertainment assets from its broadband and wireless business.
Comcast said it will separate into two publicly traded companies through a tax-free spinoff of NBCUniversal and Sky.
Comcast is positioning itself for the next round of media industry merger and acquisition activity by spinning off NBCUniversal.
Current shareholders would receive shares in both companies under the planned split, Comcast said Monday.
Comcast's decision to spin off NBCUniversal into a separate, publicly traded company raised questions about the future of the ...
Comcast, just months after shedding most of its cable TV business into Versant Media, is cleaving itself into two separate companies: one housing its namesake cable and tech operations, and the other ...
Comcast spent 25 years arguing that media and broadband belonged together. Now it's breaking them apart.
Comcast says NBCUniversal split is not a prelude to M&A. But Warner Bros. Discovery just ran the same split-deny-sell script ...
Comcast co-CEO's Brian Roberts and Mike Cavanagh reiterated that this split isn't about a sale, but Wall Street is already thinking about what comes next.
Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its cash-generating broadband arm from a media and entertainment business under pressure ...
Following quickly on the heels of spinning off Versant Media earlier this year, Comcast is now off-loading NBCUniversal, carrying with it more questions than answers.
Communications giant Comcast is planning to split itself into two: one media-centered business that would include brands like NBCUniversal and Sky and a separate company focused on broadband and ...