Comcast to Split Into Two Public Companies, Spins Off NBCUniversal and Sky
Comcast has announced a major corporate restructuring that will separate its media and connectivity businesses into two independently traded public companies through a tax-free spin-off of NBCUniversal and Sky. The move is designed to give both businesses greater strategic flexibility as evolving consumer behaviour, technological advancements and increasing competition continue to reshape the global media and communications landscape. Following … Read more