Comcast has formally unveiled plans to spin out most of its linear cable networks (except Bravo) to shareholders in a ...
Comcast is expected to announce a spinoff of cable networks on Wednesday. The spinoff includes CNBC, MSNBC and E!, but Bravo ...
Structured as a tax-free spinoff to Comcast shareholders, the transaction is expected to take around a year to complete. The new networks entity’s ownership structure will mirror that of Comcast, ...
Comcast spent almost $30 billion to acquire NBCU in 2013. The spinoff announcement comes after Comcast president Michael Cavanagh said in October that the company was exploring the idea of ...