Lots of uncertainty surrounds Comcast's spinoff of its NBCUniversal cable portfolio. Comcast may be proceeding with a transaction as a signal to the rest of the media industry that consolidation is ...

Comcast is carving off most of its cable channels. Will its new spinoff be a hunter or prey? The media giant last week put an upbeat spin on its move to shed what Wall Street sees as an albatross — ...

Comcast today announced plans to spin off NBCUniversal cable TV networks such as USA, CNBC, and MSNBC into a new publicly traded company. Comcast is trying to complete the spinoff in one year, ...

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“We see a real opportunity to invest and build additional scale and I'm excited about the growth opportunities this transition will unlock," Mark Lazarus, who will lead the new firm, promised. By ...

Differing views about Comcast offloading its cable channels were evident on one of the affected channels, CNBC, during Wednesday morning’s business news coverage. Joe Scarborough and Mika Brzezinski ...

Comcast said Thursday it has begun to explore a separation of its cable networks business. The separation would not include the broadcast network NBC or streaming platform Peacock. The comments came ...

Comcast shares posted modest gains Wednesday after the company announced its plan to spin off all of NBCUniversal's cable networks, except Bravo, into a separate publicly traded entity. Investors' ...