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 ...

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 See more of ...

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 ...

After enduring years of lackluster returns, Comcast Corporation (CMCSA) shareholders finally received a reason to celebrate. On June 29, the media and telecom giant unveiled plans to split into two ...

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 ...

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 said Monday it will split into two companies by spinning off NBCUniversal and Sky into a separate media company, leaving its broadband and wireless businesses under Comcast. In a statement, ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Comcast's stock is surging after it announced that it's spinning off its media businesses. Shares ...

On Monday morning, Comcast Corporation announced plans to separate its media and technology businesses into two separate, publicly traded companies, spinning off NBCUniversal and Sky. The move ...

Almost as soon as the two companies announced a split, analysts rushed to consider potential merger and acquisition targets for each. Comcast is planning to split off NBCUniversal as a separate ...

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 ...