Comcast to Spin Off NBCUniversal in Surprise Strategy Reversal
Comcast Corp. plans to spin off NBCUniversal and Sky, unwinding a strategy that began more than a decade ago after struggling to demonstrate that a cable and media conglomerate would...
By Kelcee Griffis, Hannah Miller · Bloomberg Markets
Comcast Corp. plans to spin off NBCUniversal and Sky, unwinding a strategy that began more than a decade ago after struggling to demonstrate that a cable and media conglomerate would benefit shareholders.