NBCUniversal is preparing to stand on its own for the first time in over a decade. Comcast (CMCSA) is splitting its cable and broadband operations from its media and entertainment assets, a separation set to leave NBCUniversal as an independent company. The timeline is set. The strategy is not. ...
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Comcast's planned media spinoff helped spark Charter debt gains and renewed investor speculation over a possible broadband combination.
Comcast will separate NBCUniversal and Sky, while retaining its cable, broadband and wireless businesses.
Comcast (NasdaqGS:CMCSA) plans to separate NBCUniversal, including Sky, from its broadband and wireless operations through a tax-free spin-off. The transaction would create two independent, publicly traded companies focused on media and connectivity. The restructuring is framed as a way to give each business clearer priorities and room to pursue distinct strategies. For investors watching Comcast, this proposed breakup touches two big pieces of the communications and entertainment sectors...
Comcast's spinning off NBCUniversal could set them up to pursue future deals even if there aren't any deals on the table yet.
Comcast's (CMCSA) plan to spin off NBCUniversal and Sky creates a clearer path for future mergers an
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.
I have watched plenty of Wall Street veterans hedge their commentary on big corporate breakups. We have had too many qualifiers, too much "time will tell." This time, I like that Roger Altman did not do that. The Evercore founder, senior chairman, and American investment banker who has advised on ...
Comcast revealed plans Monday to split into two separate companies, sending shares up over 17%. The move suggests NBCUniversal's media and entertainment assets aren't fully reflected in the current stock price, making it an opportune entry point for investors weighing a purchase.
Company alum Michael Angelakis will return as CEO as Comcast seeks to reverse its 15-year merger with Saturday Night Live owner NBCUniversal.
Comcast's split has been a long time coming. But the streaming era made it impossible to put the move off much longer.
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.
Comcast's cable spinoff lit the fuse on a conglomerate unbundling already reshaping the S&P 500, and five household names are sitting on the same structural pressure point. The market has started pricing in the splits before management announces them.
Pre-Market Stock Futures: Futures are trading higher after a big start to the holiday-shortened trading week, which saw every index trade higher, after the small-cap Russell 2000 eked out a tiny gain on the close, finishing up 0.01% at $3010, and still leads all the major indices in 2026, up over 20%. The tech-heavy Nasdaq ... Here are Tuesday’s Best Wall Street Analyst Research Calls: Block, Comcast, Fortinet, Goldman Sachs, Honeywell, Klarna, Logitech, Scorpio Tankers, Trade Desk, and More
When Comcast Chairman Brian Roberts decided a few weeks ago to pursue a spinoff for the company’s media and entertainment business, there was just one question: Who would run the cable and broadband operations that remained? “This industry has been kind of in my blood for a long time,” Angelakis said in an interview. In bringing back Angelakis, Roberts, 67 years old, is picking an executive steeped in cable and broadband who is part of a small circle of trusted advisers, said people close to both men.
The firm said acquiring NBCU’s assets would result in material changes to the streaming giant’s financial outlook.
Trump’s control over federal government gets split decision, Comcast spinoff could spark media deals, Constellation earnings are coming, and more news to start your day.
Nearly two decades ago, Comcast bet that the future belonged to companies that owned both the pipes delivering entertainment and the shows themselves...
The case for bundling media with distribution has weakened in the streaming era, but further M&A makes less sense.
The planned spinoff of NBCU is another step in a long-running realignment of the media and entertainment industry’s power structure.
No possible tie-ups have been discussed, according to a report, and any potential deal would not happen until a period of time following the split with Comcast.
After months of waiting, the Supreme Court finally issued a ruling on Monday that rejected Trump’s bid to fire a sitting member of the Federal Reserve. The decision, which was widely expected, didn’t move markets much. The Nasdaq Composite Index closed up 2.1%.
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 ...
The cable giant is divesting its legacy media businesses.
(Bloomberg) -- Brian Roberts lost out on an opportunity last year to merge NBCUniversal with Warner Bros. Discovery Inc. But the process helped get the chairman and co-chief executive officer of Comcast Corp. thinking about what NBCUniversal would look like on its own. Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesSupreme Court Leaves Tr
Shares of telecommunications and media company Comcast (NASDAQ:CMCSA) jumped 7.4% in the afternoon session after it announced plans to separate into two independent public companies by spinning off its media businesses, NBCUniversal and Sky.