NFL alum Christopher Halpin will take NBC’s top finance seat as it gears up for a split from its parent company Comcast.
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Warner Bros. Discovery stock Monday hit its lowest point since the company’s merger with Paramount Skydance was reached in February as Wall Street appears to be putting little more than a 50% chance that the deal will get done. Warner Bros. stock dropped 1.8% Monday to $25.28, ending about 18% below the $31-a-share cash offer from Paramount, whose stock also declined Monday. Warner Bros. stock had been trading around $27 in June.

While reporting mixed second quarter earnings results, it's Netflix's (NFLX) disappointing third quarter outlook that's dragging the stock lower on Friday. BofA Securities senior media & entertainment analyst Jessica Reif Ehrlich addresses whether an acquisition is still on the table for the streaming giant after losing out on its bid for Warner Bros. Discovery (WBD).
Comcast has been quietly contemplating acquiring a 33-year-old telecom competitor as it continues to struggle with customer losses in its cable TV and internet business. The company lost 322,000 cable TV customers and 65,000 internet customers in the first quarter of 2026 as it faces growing ...
Netflix didn't end up acquiring Warner Bros. earlier this year, but there may be another great opportunity for it to consider now that Comcast is breaking up.
Possible deals include a merger of Comcast with Charter Communications, the No. 2 cable and broadband company, or an NBC Universal deal with Netflix.
Investing.com - Netflix Inc (NASDAQ:NFLX) shares are trading up 3.8% at $74.14 on Wednesday, rebounding from near their 52-week low after The Wall Street Journal walked back speculation that the streaming giant was lining up a bid for NBCUniversal following Comcast Corp's (NASDAQ:CMCSA) announced spinoff.
Comcast's spinning off NBCUniversal could set them up to pursue future deals even if there aren't any deals on the table yet.
NBCU has shown interest in companies like Electronic Arts in the past and currently has a deal with Nintendo around the Super Mario Bros. franchise.
Big "vertical," synergistic-seeking media mergers are officially no longer a thing now that Comcast has decided to break apart the company. Again.
Investing.com -- Comcast Corp. has received upgrades from Rosenblatt Securities and Deutsche Bank on Tuesday following the company's surprise announcement that it plans to spin off NBCUniversal into a separate publicly traded company.
The planned spinoff of NBCU is another step in a long-running realignment of the media and entertainment industry’s power structure.
Nobody saw this coming. Not Wall Street. Not Hollywood. And almost certainly not Netflix or Disney. On June 29, Comcast announced it would spin off NBCUniversal and Sky into a separate, publicly traded company through a tax-free transaction. After more than 15 years as a single company, the cable ...
Bonds backing Charter Communications popped this morning, buoyed by reports of a potential mobile phone partnership with SpaceX as well as the revelation that rival Comcast Corp. plans to split into two publicly traded companies. Charter stock surged after Bloomberg reported that the company is in discussions to route some phone traffic through SpaceX’s direct-to-cell service, which SpaceX already operates in partnership with T-Mobile. This would enable Charter to pivot from its massive and cost
Analyst says media spinoff was long overdue.
Comcast plans to separate NBCUniversal and Sky into a new publicly traded company within a year.
Comcast’s action immediately prompted speculation that more deals could be coming in the consolidating media business.
U.S. telecom and media giants are moving in opposite directions in midday trading. Comcast (NASDAQ:CMCSA) stock is up 7% to $24.76, while AT&T (NYSE:T) stock is down 5% to $21.52, and Verizon (NYSE:VZ) stock is down 7% to $43.29. The split reflects three distinct catalysts hitting the sector at once. Comcast is rallying on a ... Telecom Turmoil: Comcast Rises 7% on Media Spinoff, AT&T Falls 5% on CFO Exit and Starlink Threat, Verizon Sinks 7% on Dow Exit
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...
Comcast's decision to spin off its NBCUniversal and Sky businesses marks the latest effort by a major U.S. entertainment company to separate or reshape legacy television assets as cord-cutting accelerates and streaming upends the industry. The move follows years of sweeping strategic overhauls across the sector, with companies pursuing mergers, breakups, asset sales and lowered spending to sharpen focus and compete more effectively in an increasingly digital media landscape.
Comcast (CMCSA) said Monday it plans to split into two publicly traded companies, separating its NBC
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 business under pressure from streaming rivals and industry consolidation. The latest U.S. media industry shake-up follows years of cord-cutting as legacy players chase scale to better compete with Netflix while Paramount Skydance's $110 billion deal for Warner Bros Discovery is set to boost competition. Comcast, which leans on cable for much of its cash flow, is also losing broadband customers to fixed wireless offerings from T-Mobile and Verizon and to fiber rivals building out networks.
Comcast Corp. (NASDAQ:CMCSA) is one of the Top 13 Stocks That Will Skyrocket. Mark Skousen’s Skousen Report discussed this stock as part of a play ahead of the SpaceX IPO. The rocket company’s Starlink internet service factored into the coverage as Skousen wrote that the firm “has locked in a deal to distribute Starlink’s managed […]
Investing.com -- Digital infrastructure company ITG plans to raise up to $429.3 million through its initial public offering on the Nasdaq, the Hendersonville, Tennessee-based firm said Monday.