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Current shareholders would receive shares in both companies under the planned split, Comcast said Monday.
Comcast plans to spin out NBCUniversal and leave the entertainment business.
Comcast said it will separate into two publicly traded companies through a tax-free spinoff of NBCUniversal and Sky.
Comcast is planning to split itself into two publicly traded companies, one focused on media that would include NBCUniversal ...
The move announced Monday will separate Comcast’s media and entertainment assets from its broadband and wireless business.
Comcast said it will split into two companies for "flexibility," which may be Brian Roberts' code for "future dealmaking." Who might be suitable candidates for a deal?
Comcast is spinning off its NBCUniversal entertainment and media assets into a separate publicly traded company.