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

Comcast announced a spin-off of NBCUniversal prompting the stock to skyrocket early Monday. The new company will be a new version of NBCUniversal alongside Sky — its European media arm — will be a new ...

Learn more Last year, Comcast spun off a bunch of its cable properties into Versant, giving up brands like MSNBC (renamed to MS NOW) and Oxygen to focus on NBC, Bravo, and Peacock. Well, now Comcast ...

(CNN) — Comcast’s media businesses, including NBC, Peacock and Universal, are moving one step closer to a sale. On Monday morning, Comcast said it is spinning off NBCUniversal as well as its European ...