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Comcast said it plans to spin off its NBCUniversal cable-television networks, confirming an earlier report by The Wall Street Journal.
Structured as a tax-free spinoff to Comcast shareholders, the transaction is expected to take around a year to complete. The new networks entity’s ownership structure will mirror that of Comcast, ...
The new company will include the USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and the Golf Channel. Comcast will retain as part ...
Things got awkward when Morning Joe addressed a WSJ report that Comcast would be spinning off the very network that employs ...
US media giant Comcast is reportedly proceeding with the rumoured spin-off its NBCUniversal cable television arm as it seeks ...
USA, Oxygen and other channels will break out into a standalone, publicly traded company The post Comcast to Spin Off Cable ...
Bravo, the NBC broadcast network and the Peacock streaming service are among the assets expected to remain part of Comcast.
Comcast said on Wednesday it plans to spin off some NBCUniversal cable TV networks, as the rise of streaming prompts the ...
Shares of the AI chip maker edged higher premarket. Investors expect Nvidia's latest [quarterly results]( ...
Stock futures traded modestly higher Wednesday ahead of earnings from artificial-intelligence chip maker Nvidia.These stocks ...
Media giant Comcast is expected to announce Wednesday that it is spinning off many of its cable channel assets out of ...