Comcast announced plans to separate from its media business — but it’s unclear how much its Philly HQ and standout programs like LIFT Labs have to worry about. The corporation announced on Monday that ...
Bloomberg's Michelle Davis joins Dani Burger on "Bloomberg Deals." Verizon and the UK's BT Group agreed to create a joint venture for their international businesses in a merger that will take the ...
Comcast intends to split into two separate companies. One, which will be named NBCUniversal, will house its theme parks, film and television studios, Sky media business, NBC and cable networks, and ...
Comcast announced today that it plans to separate NBCUniversal into its own publicly traded entertainment company, marking one of the biggest corporate restructurings in the company’s history. Under ...
In announcing Monday that it will separate from NBCUniversal, the telecom giant Comcast signaled to investors that the split will leave it better positioned to focus on its core business: connecting ...
The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1424 ET – RBC Capital Markets bumps up its target for ...
Sell VZ. Comcast’s split creates a lean, well-capitalized broadband/wireless competitor that can push harder on mobile bundles and MVNO expansion, raising churn risk in a saturated market. Add the ...
Shares of U.S. wireless and broadband companies fell on Monday after Comcast Corporation (CMCSA) shared its plans to spin off its NBCUniversal and Sky businesses underscored ongoing disruption in the ...
Comcast stock surged 7% on a plan to spin off NBCUniversal, while Verizon stock sank 7% after the Dow replaced it with Alphabet stock. AT&T stock fell 5% as CFO Pascal Desroches announced retirement ...
The media industry continues to shift. Today, Comcast announced it plans to spin off NBCUniversal and Sky into a separate publicly traded company, breaking apart one of the biggest combinations of ...
(The Hill) – Comcast plans to spin off its broadcast assets, including NBC, as part of a major restructuring of the company’s business announced on Monday. As part of the plan, Comcast will be its own ...