Its shares rose about 1.7% in premarket trading, after the company said it would separate its entertainment and news channels ...

The new publicly traded company is set to debut next year, with a bundle of channels that also includes Oxygen, E! and Syfy.

Comcast is expected to announce a plan Wednesday to spin off its cable networks into a separate company, two people familiar ...

Comcast is spinning off many of NBCUniversal’s cable television networks, including USA Network, CNBC and MSNBC, into a ...

Comcast said it plans to spin off its NBCUniversal cable-television networks, confirming an earlier report by The Wall Street Journal.

Comcast will continue its strategic focus on driving its core growth businesses, including residential broadband, wireless, ...

NBCU CFO Anand Kini will become CFO and COO of the new channels company, helping Lazarus develop "an independent strategy" ...

The $7 billion spinoff comes as traditional media companies grapple with the diminishing value of what was once an economic ...

Comcast Corporation will create a new business encompassing NBCUniversal's cable networks, including USA Network and MSNBC, ...

Comcast is splitting from its NBCUniversal television arm as the market of cable TV customers shrinks in the age of cord-cutting and TikTok. The US media giant announced plans on Wednesday to spin off ...

Strauss, who will become chairman of NBCUniversal Media Group, has been with Comcast for 20 years, and will oversee the ...

Comcast is spinning off its cable networks, including CNBC, into a separate company, reports Benjamin Mullin of the New York ...