Comcast spins off NBCUniversal and Sky into separate public companies

Deadline • 29 Jun 23:27

Comcast announced a plan to separate its NBCUniversal unit, a move analysts say is unlikely to trigger antitrust review, but the split could face FCC scrutiny and future merger considerations.

Los Angeles Times • 29 Jun 18:53

Comcast announced it will separate its NBCUniversal entertainment and news assets into an independent, publicly traded firm, while retaining its core broadband and pay-TV distribution business.

Deadline • 29 Jun 17:07

Comcast announced a tax-free spin-off that will create two independent, publicly traded media companies—NBCUniversal and Sky—aiming to enhance strategic focus and shareholder value.

Deadline • 29 Jun 13:30

Comcast executives told investors that the planned division of the company into a media unit and a distribution unit is intended to focus each business on organic growth, not to launch a wave of mergers and acquisitions.

The Hollywood Reporter • 29 Jun 11:26

Comcast announced a tax-free spin-off that will create two independent, publicly traded firms – a connectivity company and a media company that includes NBCUniversal and Sky – with shareholders receiving shares in both entities.

NBC News • 29 Jun 10:22

Comcast said it will split into two publicly traded companies, separating its media assets—including NBCUniversal and Sky—from its broadband and wireless operations, with the transaction expected to close within a year.

CNBC • 29 Jun 10:05

Comcast announced it will split its media and technology units, creating a tax-free spin-off of NBCUniversal and Sky, with shareholders receiving shares in both entities.