Most of the reductions are expected at Comcast’s European media operation Sky, though some U.S.-based NBC Universal employees will also be affected.— This story first appears at TheDesk.net, a premium ...

Comcast announced Monday that it plans to split into two publicly traded companies by spinning off NBCUniversal and Sky. The move will separate Comcast’s media and entertainment assets from its ...

Comcast on Monday said it will spin out its content division NBC Universal and Sky Group into a separate, publicly-traded company while retaining a minority investment in the new venture for at least ...

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 ...

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Comcast, just months after shedding most of its cable TV business into Versant Media, is now again cleaving itself into two separate companies: one housing its namesake cable and tech operations, and ...

Comcast is planning to split off NBCUniversal as a separate company, creating two titans — one in cable and internet service and another in media and entertainment — that will remain independent, ...

AI Quick Read Shares of Comcast Corp surged 17% on Monday, 29 June, to a seven-week high of $27.10 on the Nasdaq after the company announced plans to separate its media and connectivity businesses by ...

A merger between Comcast and NBC Universal, expected to be announced by Thursday, would probably come with concessions aimed at forestalling a drawn-out federal review of the deal, sources close to ...

NEW YORK — 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 ...