Comcast’s NBC Spinoff Sets Stage for More Media, Broadband Deals

Comcast announced on Monday that it will spin off NBCUniversal and its European media unit, Sky, into a separate, independently traded company. Comcast will hang onto its cable-TV, broadband and...

By Bloomberg Markets · Bloomberg Markets

Comcast announced on Monday that it will spin off NBCUniversal and its European media unit, Sky, into a separate, independently traded company. Comcast will hang onto its cable-TV, broadband and wireless businesses. Chris Marangi, Co-CIO: Value at Gabelli Funds, and Bloomberg 'Wall Street Week' host David Westin discuss the broader media landscape and how this spinoff fits into the recent consolidation trend we've seen in the space. (Source: Bloomberg)