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.
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 ...
In a move that could portend more changes in the declining business of traditional television, Comcast, the parent company of NBC, announced plans Wednesday morning to break off several of its cable ...
Comcast said it will separate into two publicly traded companies through a tax-free spinoff of NBCUniversal and Sky.
Comcast (NASDAQ:CMCSA) operates across communication, media, and entertainment sectors as Nasdaq Composite tracks evolving ...
Comcast draws attention as broadband competition, media disruption, wireless expansion, customer retention, and connectivity ...
Comcast's spinoff of the majority of its NBCUniversal cable network portfolio will be named Versant, the company said Tuesday, ending a monthslong process to select a new corporate moniker. The new ...
Comcast is spinning off its NBCUniversal entertainment and media assets into a separate publicly traded company.
“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 ...
Comcast (CMCSA) announced its intent to create a new publicly traded company comprised of a portfolio of NBCUniversal’s cable television networks, including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY ...