Comcast is to formally separate its media business encompassing NBCUniversal and Sky from its broadband and wireless biz into two public companies. Following the example of the likes of Warner Bros. Discovery, the tax-free spin-off should complete in about a year. The NBCUniversal business will house Sky and be run by Comcast Co-CEO Mike Cavanagh. […]
Comcast is to formally separate its media business encompassing NBCUniversal and Sky from its broadband and wireless biz into two public companies. Following the example of the likes of Warner Bros. Discovery, the tax-free spin-off should complete in about a year. The NBCUniversal business will house Sky and be run by Comcast Co-CEO Mike Cavanagh. […]
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