Comcast plans to separate its cable and media divisions over the next year. This could set each company up for M&A, but there might not be any good options.

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

By Aditya Soni and Anhata Rooprai June 29 (Reuters) - Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its cash-generating broadband arm from ...

Current shareholders would receive shares in both companies under the planned split, Comcast said Monday.

Mike Cavanagh will be the CEO of NBCUniversal and Comcast's former CFO Michael Angelakis will become the CEO of Comcast in the separation of its media and technology businesses.

The move announced Monday will separate Comcast’s media and entertainment assets from its broadband and wireless business.

Comcast said it plans to separate its media and technology businesses into two publicly traded companies.

Comcast is spinning off its NBCUniversal entertainment and media assets into a separate publicly traded company.

The company said it expects the split to be completed within a year, with Comcast’s shareholders owning shares in both companies.

Comcast and NBCUniversal will separate into two independent, publicly traded companies within a year's time, the corporation announced on Monday. NBCUniversal will house the theme parks, Universal ...

A CNBC segment reported that Comcast (NASDAQ:CMCSA) plans to separate its media and cable/technology operations into two publicly traded companies, with Mike Cavanaugh leading NBCUniversal and Michael ...