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 ...

Comcast, just months after shedding most of its cable TV business into Versant Media, is now again cleaving itself into two separate companies: one housing its namesake cable and tech operations, and ...

Mike Cavanagh will serve as the CEO of NBCUniversal, while Comcast’s former CFO Michael Angelakis will become the CEO of Comcast in the separation of its media and technology businesses. By Georg ...

Comcast plans to spin off its NBCUniversal and Sky businesses into a new publicly traded company, just months after completing its separation of the Versant brands. Comcast co-CEO Mike Cavanagh will ...

Current shareholders would receive shares in both companies under the planned split, Comcast said Monday.

The move announced Monday will separate Comcast’s media and entertainment assets from its broadband and wireless business.

Comcast will formally separate its media business encompassing NBCUniversal and Sky from its broadband and wireless biz into two public companies. Following the example of the likes of Warner Bros.

Comcast recently decided to spin off NBCUniversal, the broadcast part of the company’s service that includes streaming verticals like Peacock. It is a move designed to separate the physical connection ...

The media business, which owns NBC News and Universal Pictures, will be separated from Comcast’s cable and internet business, following a trend in the media industry. By Benjamin Mullin Comcast said ...