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Comcast is spinning off NBCUniversal media and entertainment assets

Comcast is spinning off NBCUniversal media and entertainment assets

AI Briefing

  • Comcast to spin off NBCUniversal media and entertainment assets into a separate publicly traded company.
  • The new company will include NBC, Telemundo, Bravo, Peacock, Universal film studios, and Sky.
  • The spin-off is expected to create a new free-standing company for Comcast.

Source Summary

LOS ANGELES — Comcast is spinning off its NBCUniversal entertainment and media assets into a separate publicly traded company, the media giant announced Monday. The plan will put broadcast networks NBC and Telemundo, NBC News, cable network Bravo and streaming service Peacock, the Universal film studios and British TV service Sky into a new free-standing company. The Philadelphia-based Comcast ...

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