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Comcast unveiled plans Monday to split its media and technology businesses into two separately traded public companies as the entertainment industry reels from consumers abandoning the traditional TV ...

Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...

Comcast co-CEO Brian Roberts sought to downplay the scenario that the media giant will be primed for dealmaking once it splits into two companies next year. “Absolutely not,” Roberts said in response ...

Comcast co-CEOs Brian Roberts and Mike Cavanagh reiterated that this split isn't about a sale, but Wall Street is already thinking about what comes next. By Alex Weprin Senior Editor Indeed, their ...

June 29 (Reuters) – 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 ...

Mike Cavanagh will serve as the CEO of NBCUniversal, while Comcast’s former CFO Michael Angelakis will become the CEO of Comcast in the separation of its media and technology businesses. By Georg ...

On June 29, Comcast confirmed that the multinational mass media conglomerate and NBCUniversal will split into two companies. Described as a tax-free spin-off in the official press release, the split ...

Many of Comcast‘s long-impeccable credit ratings have been put under review for a potential downgrade by Moody’s due to the company’s planned split into two separate companies. A report issued Tuesday ...

Exclusive-NBCUniversal May Enter Video Game Business After Comcast Split, Sources Say By Echo Wang, Dawn Chmielewski and Milana Vinn June 29 - NBCUniversal is eyeing opportunities in digital gaming ...