In 2025 NBC News cut jobs after Comcast approved a roughly $7 billion spinoff of their cable networks, which followed rating decline at MSNBC in 2024. Michael Angelakis, former chief financial officer ...

Comcast announced a spin-off of NBCUniversal prompting the stock to skyrocket early Monday. The new company will be a new version of NBCUniversal alongside Sky — its European media arm — will be a new ...

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 ...

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

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

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 ...

The company said it expects the split to be completed within a year, with Comcast’s shareholders owning shares in both companies.

NEW YORK (AP) — Communications giant Comcast is planning to split itself into two: one media-centered business that would include brands like NBCUniversal and Sky and a separate company focused on ...

PHILADELPHIA--(BUSINESS WIRE)--Comcast Corporation (Nasdaq: CMCSA) today announced its intention to separate into two independent publicly traded companies through a tax-free spin-off of NBCUniversal ...