Comcast

Comcast is planning to split itself into two separate publicly traded companies by spinning off NBCUniversal and Sky. The company said Monday that its board and management team think each company will be better positioned to pursue its own strategic priorities, invest for growth and create long-term shareholder value as independent entities. The planned move comes after Comcast announced in November 2024 that it was spinning off cable networks such as USA, Oxygen, E!, SYFY and Golf Channel, as well as CNBC and MSNBC into a new company. Movie ticketing platform Fandango and the Rotten Tomatoes movie rating site were also included. Like other cable companies, Comcast in recent years has shifted its business emphasis away from traditional cable toward streaming and other sources of revenue, such as its movie studio, theme parks and home wireless and internet services. Media and entertainment company NBCUniversal includes a theme parks division, Universal film and television studios, N

Warner Bros. said it would evaluate strategic options last month after receiving interest in all or part of the business from multiple suitors. The first round of bids are expected today

Comcast, partners make offer for stake in Subhash Chandra's Zee Ent plan to snap up a 51% stake in the media company.

Comcast said it held nearly 77 percent of Sky's shares, making its takeover wholly unconditional

Sky has 22.5 million customers across five European countries-a continent where pay-TV trends have been more stable-and is pushing into Spain and Switzerland

Comcast, the biggest cable provider in the United States, said in a statement on Monday that its discussions with Fox had ended.

The easing of restrictions has sparked growing anger on social media sites

The acquisition was made under NBCUniversal, a division of Comcast and will become a unit of Universal Filmed Entertainment Group