The move announced Monday will separate Comcast’s media and entertainment assets from its broadband and wireless business.

Current shareholders would receive shares in both companies under the planned split, Comcast said Monday.

Comcast is positioning itself for the next round of media industry merger and acquisition activity by spinning off ...

Mike Cavanagh will be the CEO of NBCUniversal and Comcast's former CFO Michael Angelakis will become the CEO of Comcast in ...

Comcast said it will separate into two publicly traded companies through a tax-free spinoff of NBCUniversal and Sky.

Comcast on Monday unveiled plans to break itself into two publicly traded companies, separating its connectivity operations ...

Comcast's decision to spin off NBCUniversal into a separate, publicly traded company raised questions about the future of the ...

The company said it expects the split to be completed within a year, with Comcast’s shareholders owning shares in both ...

Comcast originally bought NBCUniversal in 2011 to capitalize on both the service and its content. This included media outlets ...

Investors cheered the news of the spinoff, sending Comcast's share price up as much as 17% during Monday's trading session.

The media business, which owns NBC News and Universal Pictures, will be separated from Comcast’s cable and internet business, ...

Communications giant Comcast is planning to split itself into two: one media-centered business that would include brands like ...