The SpaceX IPO in mid-June has fueled rampant speculation about the future of the communications services sector. While the firm is best known for launching rockets, its Starlink service has rapidly ...
Bloomberg's Michelle Davis joins Dani Burger on "Bloomberg Deals." Verizon and the UK’s BT Group agreed to create a joint venture for their international businesses in a merger that will take the ...
Comcast intends to split into two separate companies. One, which will be named NBCUniversal, will house its theme parks, film and television studios, Sky media business, NBC and cable networks, and ...
In announcing Monday that it will separate from NBCUniversal, the telecom giant Comcast signaled to investors that the split will leave it better positioned to focus on its core business: connecting ...
Shares of U.S. wireless and broadband companies fell on Monday after Comcast Corporation (CMCSA) shared its plans to spin off its NBCUniversal and Sky businesses underscored ongoing disruption in the ...
Comcast stock surged 7% on a plan to spin off NBCUniversal, while Verizon stock sank 7% after the Dow replaced it with Alphabet stock. AT&T stock fell 5% as CFO Pascal Desroches announced retirement ...
Big Cable and Big Media Are Heading for a Permanent Divorce. It Starts With Comcast and NBCUniversal
The media industry continues to shift. Today, Comcast announced it plans to spin off NBCUniversal and Sky into a separate publicly traded company, breaking apart one of the biggest combinations of ...
Is NBCUniversal for sale? It’s the big question being asked on Monday after Comcast announced that it would spin it and Sky off into a separate company by the middle of next year. Both Mike Cavanagh, ...
(CNN) — Comcast is positioning itself for the next round of media industry merger and acquisition activity. That’s what industry analysts are saying about the company’s Monday morning announcement ...
June 29 (Reuters) - Comcast's decision to spin off its NBCUniversal and Sky businesses marks the latest effort by a major U.S. entertainment company to separate or reshape legacy television assets ...
June 29 (Reuters) - Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its cash-generating broadband arm from a media and entertainment ...
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