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, ...

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 ...

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, 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 ...

Comcast is planning to spin off NBCUniversal , which makes the stock more attractive to own, according to Deutsche Bank. The bank upgraded the telecom and media giant to buy from hold. It lowered its ...

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 ...

Siladitya Ray is a New Delhi-based Forbes news team reporter. In an official announcement, the company said its tech business and media business will operate as two “independent publicly traded ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Wouldn't it be cool if the same company that sold you internet also sold you TV shows and movies? This ...

Comcast is to 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.

DELMARVA - Thousands of Comcast Xfinity customers were impacted by a widespread outage on Monday, according to Downdetector. As of 7:22 p.m., Comcast says all customers have been fully restored. They ...

FILE- A Comcast truck is shown on Jan. 24, 2019, in Pittsburgh. (AP Photo/Gene J. Puskar, File) (Gene J. Puskar, Copyright 2019 The Associated Press. All rights ...

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 ...