Comcast Corp (CMCSA)
Comcast continues to unwind one of the most earth-shattering media mergers in history
It's an era of media consolidation—and decoupling.
Comcast Splits as Lisa Cook Gets Reprieve
Plus, tech stocks rebound and a pay-TV bankruptcy.
NBCUniversal may enter video game business after Comcast split, sources say
NBCUniversal is eyeing opportunities in digital gaming and new entertainment franchises as the company weighs options for future growth after its planned spinoff from Comcast , according to three people with direct knowledge of the matter.
Comcast's NBCUniversal spinoff raises hope for more deals. There may not be good options
Comcast announced Monday it's planning to spin off its NBCUniversal and Sky media units into a separate publicly traded company. The announcement, which comes just months after Comcast spun out its cable networks into Versant, is already raising questions of M&A.
Comcast's Spinoff Ripples Through Sector & Dividend ETFs
Comcast Corp. (CMCSA) sent shockwaves through the media landscape with the announcement that it would spin off its media business today. The telecommunications giant will divest its traditional cable television networks, namely NBCUniversal and Sky, into a standalone, publicly traded company.
Telecom Turmoil: Comcast Rises 7% on Media Spinoff, AT&T Falls 5% on CFO Exit and Starlink Threat, Verizon Sinks 7% on Dow Exit
U.S. telecom and media giants are moving in opposite directions in midday trading.
Comcast to separate NBCUniversal and Sky in tax-free spinoff, shares rise
Comcast Corporation (NASDAQ:CMCSA, XETRA:CTP2) shares rose more than 6% on Monday after the company announced plans to separate its businesses into two independent, publicly traded companies through a tax-free spin-off of NBCUniversal and Sky. Under the proposed transaction, Comcast shareholders would receive stock in both new entities, effectively splitting the company into a connectivity-focused Comcast and a standalone media and entertainment business comprising NBCUniversal and Sky.
Comcast to Split Into Two Public Companies as NBCUniversal and Cable Go Separate Ways
A CNBC segment reported that Comcast (NASDAQ:CMCSA | CMCSA Price Prediction) plans to separate its media and cable/technology operations into two publicly traded companies, with Mike Cavanaugh leading NBCUniversal and Michael Angelakis returning as CEO of the cable business.
Comcast Corporation (CMCSA) Discusses Strategic Separation of Media and Technology Businesses Into Two Public Companies Transcript
Comcast Corporation (CMCSA) Discusses Strategic Separation of Media and Technology Businesses Into Two Public Companies Transcript
Struggling Media Stock Looks to Carve Through Streaming Wars
Comcast Corp (NASDAQ:CMCSA) is trading 8.9% higher at $25.23 this morning, after news broke that the media conglomerate will spinoff its NBCUniversal and Sky units into separate companies.
Comcast is cutting NBCUniversal loose. Netflix, Apple, and Amazon might want to look.
Comcast spent decades arguing that it made sense for a giant broadband company to own a giant media company. Lots of people have made similar arguments about combining distribution and content over the years.
S&P 500 Index: Comcast Jumps, Tech Stocks Gain as Ceasefire Holds
Tech stocks rebound as the S&P 500 Index rises, Comcast surges on its breakup plan, and a US-Iran ceasefire helps lift stock market sentiment.
