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.

Cable television has long been viewed as a stagnant business, showing little promise for growth over the years. However, Comcast believes it has found a new growth opportunity. On Wednesday, the ...

Comcast is spinning off its NBCUniversal entertainment and media assets into a separate publicly traded company.

When Comcast swallowed NBC and Universal Studios 14 years ago, the sibling cable channels USA Network, Bravo and CNBC were considered diamonds in the rough. USA Network had gained traction with its ...

Comcast just jump-started a new season of major change across the television industry. And no one quite knows what will happen next. On Wednesday morning, the media giant confirmed that it is ...

Comcast plans to separate its cable and media divisions over the next year. This could set each company up for M&A, but there ...

Shares in Comcast, which are slightly in the red for the year to date, stayed mostly flat Wednesday but staged a late rally, climbing 1.6% to finish at $42.99. Details of the planned spin first ...

Shares of the slumbering media and connectivity giant opened 18% higher on Monday after the company announced plans to spin ...

“We see a real opportunity to invest and build additional scale and I'm excited about the growth opportunities this transition will unlock," Mark Lazarus, who will lead the new firm, promised. By ...

Inside Comcast, executives are reassessing what to do with the cable and connectivity business. The company is looking at ...