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

Comcast is advancing with its spin-off of cable networks and other media assets, according to the company's president, Mike ...

Comcast CEO Brian Roberts doesn't want his cable TV networks like CNBC, MSNBC and USA anymore. It's essentially a garage sale ...

The US media giant announced plans on Wednesday to spin off the bulk of its cable network channels — including CNBC, MSNBC, Universal Kids, USA Network, E!, Oxygen, Golf Channel, and Syfy — into a ...

Comcast is expected to announce a spinoff of cable networks on Wednesday. The spinoff includes CNBC, MSNBC and E!, but Bravo ...

Comcast is taking a dramatic step to reshape its business in the face of a rapidly evolving media landscape. The company is ...

Comcast Corporation (NASDAQ: CMCSA) today announced its intent to create a new publicly traded company comprised of a strong portfolio of NBCUniversal's cable television networks, including USA ...

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, ...

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

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

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The Fox News Channel continued its election week momentum into the first full week of the post-election period, averaging ...