BUSINESSJun 29 · 12:01 UTCQUARTZCris Tolomia

Comcast is spinning off NBCUniversal and Sky as its stock soars

Comcast is spinning off NBCUniversal and Sky, creating two independent companies focused on broadband and wireless, and media and entertainment. The company's stock is rising following the announcement.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

ComcastorganizationNBCUniversalorganizationSkyorganizationbroadband and wirelesstopicmedia and entertainmenttopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSJun 29 · 10:27 UTC
Comcast stock surges after it said it's spinning off its media businesses
BUSINESSJun 29 · 10:54 UTC
Comcast soars 23% after announcing it will spin off media and tech wings into separate public companies
BUSINESSJun 29 · 10:24 UTC
Comcast to spin off NBCUniversal and Sky
BUSINESSJun 29 · 10:29 UTC
Comcast plans to split into two public companies by spinning off NBCUniversal and Sky
BUSINESSJun 29 · 11:35 UTC
Comcast plans to split into two public companies by spinning off NBCUniversal and Sky