Comcast said Monday it will spin off NBCUniversal and its European media unit, Sky, into a separate, independently traded company, according to Bloomberg.
Comcast will retain its cable-TV, broadband and wireless businesses. Chris Marangi, co-chief investment officer for value at Gabelli Funds, and Bloomberg’s David Westin discussed how the move fits into recent consolidation trends in media.
Comcast NBCUniversal, Sky Spinoff Sets Up Potential Media and Broadband Deal Wave
2026-06-30 14:51:13
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