Comcast said it will separate into two publicly traded companies through a tax-free spinoff of NBCUniversal and Sky.
The move announced Monday will separate Comcast’s media and entertainment assets from its broadband and wireless business.
The data breach exposed personal information belonging to tens of millions of consumers.
Comcast is positioning itself for the next round of media industry merger and acquisition activity by spinning off NBCUniversal.
Comcast is quietly considering joining forces with one of its top rivals as it continues to lose customers.
Comcast said it plans to separate its media and technology businesses into two publicly traded companies.
The company said it expects the split to be completed within a year, with Comcast’s shareholders owning shares in both companies.
Comcast spent 25 years arguing that media and broadband belonged together. Now it's breaking them apart.
10don MSN
Comcast has been eyeing acquisition of cable rival Charter — why it hasn’t pulled the trigger yet
Comcast has eyed buying rival cable giant Charter Communications for longer than most people realize – but it hasn’t pulled ...
Comcast's decision to spin off NBCUniversal into a separate, publicly traded company raised questions about the future of the studio.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results