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Comcast to split cable business from media in NBCUniversal, Sky spinoff
June 29 : Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its cash-generating broadband arm from a media and entertainment business under pressure from streaming rivals and industry consolidation.Shares of the company surged 22 per cent in premarket
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datacenterdynamics.com
Comcast to focus solely on connectivity in media arm spin-out
NBCUniversal and Sky spun off as ex-CFO Michael Angelakis returns to become CEO
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forbes.com
Comcast Announces Plan To Spinoff NBCUniversal In Bid To Split Media and Tech Businesses
The company said it expects the split to be completed within a year, with Comcast’s shareholders owning shares in both companies.
