Comcast is spinning out Rotten Tomatoes, Fandango and a bunch of NBCUniversal (NBCU) cable networks into a separate company.

The new company will include the USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and the Golf Channel. Comcast will retain key ...

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

If detached, MSNBC is likely to function purely as an opinion and analysis network, which is essentially its current role.

Comcast said Wednesday that it is planning to spin off its NBCUniversal cable TV networks, including channels like MSNBC, ...

Comcast, the parent company of NBCUniversal, is announcing a major shakeup in some of its key assets. The company is expected ...

Media giant Comcast is expected to announce Wednesday that it is spinning off many of its cable channel assets out of ...

On Wednesday, Comcast announced the birth of a new independent company currently called “SpinCo,” which will be a “tax free ...

Marwa joined Reuters in 2009 in Cairo, Egypt. Comcast plans to divest the bulk of its once-coveted NBCUniversal cable TV ...

Comcast is spinning off MSNBC, CNBC, USA Network, E!, Syfy, Fandango, and Rotten Tomatoes to form a new company.

NBCUniversal CFO Anand Kini will become CFO and COO of the new channels company, helping Lazarus develop "an independent strategy" and establishing it "as a potential partner and acquirer." ...