Comcast is splitting in two
Comcast has announced plans to separate itself into two publicly traded companies, spinning off its NBCUniversal and Sky broadcasting arms. The shake up aims to protect the media conglomerate's profitable broadband and wireless brand, which will retain the "Comcast" company name, as its media and entertainment business - now collectively named "NBCUniversal" - faces increasing […]
What happened?
Comcast has announced plans to separate itself into two publicly traded companies, spinning off its NBCUniversal and Sky broadcasting arms. The shake up aims to protect the media conglomerate's profitable broadband and wireless brand, which will retain the "Comcast" company name, as its media and entertainment business - now collectively named "NBCUniversal" - faces increasing […]
Story details
Comcast has announced plans to separate itself into two publicly traded companies, spinning off its NBCUniversal and Sky broadcasting arms.
The shake up aims to protect the media conglomerate's profitable broadband and wireless brand, which will retain the "Comcast" company name, as its media and entertainment business - now collectively named "NBCUniversal" - faces increasing […]
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Original source
https://www.theverge.com/tech/958849/comcast-nbcuniversal-company-spinoff-announcement