Shares in Comcast, which are slightly in the red for the year to date, stayed mostly flat Wednesday but staged a late rally, climbing 1.6% to finish at $42.99. Details of the planned spin first ...
Comcast is carving off most of its cable channels. Will its new spinoff be a hunter or prey? The media giant last week put an upbeat spin on its move to shed what Wall Street sees as an albatross — ...
Lots of uncertainty surrounds Comcast's spinoff of its NBCUniversal cable portfolio. Comcast may be proceeding with a transaction as a signal to the rest of the media industry that consolidation is ...
Comcast will spin off many of its cable television networks that were once at the heart of the entertainment giant, with people increasingly swapping out their cable TV subscriptions for streaming ...
When Comcast swallowed NBC and Universal Studios 14 years ago, the sibling cable channels USA Network, Bravo and CNBC were considered diamonds in the rough. USA Network had gained traction with its ...
What’s the mood of the rank and file at the NBCUniversal cable networks and businesses Comcast intends to spin off next year? As you would expect, there’s a degree of anxiety over the move to create ...
Versant on Thursday made the case to investors that it was more than a Comcast cast-off as it looks to best position its declining, but still profitable, cable networks for growth. Upon its separation ...
When Comcast swallowed NBC and Universal Studios 14 years ago, the sibling cable channels USA Network, Bravo and CNBC were considered diamonds in the rough. USA Network had gained traction with its ...