Dossier
Jason Armstrong
Coverage of Jason Armstrong in the Nexus archive.
- Read the memo Comcast sent employees about its plans to spin off its media business
Comcast announced plans to split its media and tech businesses into separate publicly traded companies, citing strong business prospects and leadership. The company shared a memo with employees outlining the new structure, with Mike Cavanagh leading NBCUniversal and Sky, and Michael Angelakis set to become CEO of the new company. Shares rose 25% in premarket trading following the announcement.