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.

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

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…

Studio and broadcast business to become separate public companies