Comcast said it will split into two companies for "flexibility," which may be Brian Roberts' code for "future dealmaking." Who might be suitable candidates for a deal?

Comcast said it will split into two companies for "flexibility," which may be Brian Roberts' code for "future dealmaking." Who might be suitable candidates for a deal?

Comcast is set to divide into two separate, publicly traded entities, spinning off its NBCUniversal and Sky media assets. This strategic move will create distinct companies: one…

In a memo shared with Comcast employees, the company's co-CEOs spoke of both units' "great business prospects" and "strong balance sheets."

NBCUniversal and Sky will be spun off into separate companies.

Comcast Corporation is set to break itself into two publicly traded companies, separating its media empire from its connectivity business as it seeks to sharpen its focus in an…

Comcast plans to spin off NBCUniversal and Sky, creating two publicly traded companies as streaming competition reshapes the US media landscape.

Comcast co-CEO's Brian Roberts and Mike Cavanagh reiterated that this split isn't about a sale, but Wall Street is already thinking about what comes next.