Current shareholders would receive shares in both companies under the planned split, Comcast said Monday.
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Updated on: June 29, 2026 / 7:25 AM EDT
/ CBS News
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Comcast said Monday it will split into two companies by spinning off NBCUniversal and Sky, giving existing shareholders stock in both businesses.In a statement, the company said the tax-free spinoff will allow each business to pursue its own strategy, invest for growth and create shareholder value.Shares of Comcast jumped $4.85, or 21%, to $28.02 in premarket trading.This is breaking news and will be updated.
Comcast to split into two companies, spin off NBCUniversal and Sky
Comcast plans to spin off NBCUniversal and Sky into a separate media company
Comcast Plans To Split Into Two Public Companies By Spinning Off NBCUniversal And Sky
Comcast plans to split into two public companies by spinning of NBCUniversal and Sky
Comcast is splitting into 2 companies
Comcast to split its cable business from media through NBCUniversal and Sky spinoff
Comcast Announces Plan To Spinoff NBCUniversal In Bid To Split Media and Tech Businesses
Comcast to split cable business from media in NBCUniversal, Sky spinoff
Comcast to Split Into Two Companies via Spin-Off of NBCUniversal, Including Sky
Comcast soars 23% after announcing it will spin off media and tech wings into separate public companies
The move announced Monday will separate Comcast’s media and entertainment assets from its broadband and wireless business.
Once the transaction is complete, Comcast shareholders will own shares in both Comcast and NBCUniversal.
In premarket trading, Comcast shares surged 24%.
Comcast is planning to split itself into two separate publicly traded companies by spinning off NBCUniversal and Sky.
Comcast plans to spin off NBCUniversal and Sky, creating two publicly traded companies as streaming competition reshapes the US…
Comcast is set to divide into two separate, publicly traded entities, spinning off its NBCUniversal and Sky media assets. This…
