LIVE
News CNBC

Comcast jumps 9% after announcing it will spin off NBCUniversal and Sky from cable business - CNBC

Comcast jumps 9% after announcing it will spin off NBCUniversal and Sky from cable business - CNBC

Comcast said it will separate into two publicly traded companies through a tax-free spinoff of NBCUniversal and Sky.

Comcast said Monday it plans to spin off its remaining media business into a new publicly traded company as it looks to better compete in a media landscape increasingly characterized by pressure from… [+3320 chars]

Discussion (0)

No comments yet. Be the first to share your thoughts!

Join the Conversation

You need to be logged in to leave a comment.

Sign In Create Account