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 ...

When Comcast swallowed NBC and Universal Studios 14 years ago, the sibling cable channels USA Network, Bravo and CNBC were considered diamonds in the rough. USA Network had gained traction with its ...

Comcast today announced plans to spin off NBCUniversal cable TV networks such as USA, CNBC, and MSNBC into a new publicly traded company. Comcast is trying to complete the spinoff in one year, ...

“We see a real opportunity to invest and build additional scale and I'm excited about the growth opportunities this transition will unlock," Mark Lazarus, who will lead the new firm, promised. By ...

The cable giant is spinning off NBCUniversal and Sky into a separate public company, a move that could reshape the next wave of streaming and media deals.

Comcast said it will separate into two publicly traded companies through a tax-free spinoff of NBCUniversal and Sky.

After a few bumpy outings due to Covid and less-than-optimal host cities, the Olympics flourished last summer in Paris, with viewership gains and advertising records. With more happy returns expected ...

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, ...