Comcast Corporation (CMCSA, Financials) announced plans to execute a tax-free spinoff of select NBCUniversal assets into a separate publicly traded company. Confirmed in a statement on Wednesday ...
Comcast currently does not have plans to bundle WBD’s Max on its U.S. platforms but it has the rights to do so down the road. Through the Max deal, Sky customers in the U.K. and Ireland will be ...
and Universal theme-parks business. And Bravo. (Can't wait for someone smart to explain why Comcast is so attached to Bravo. Maybe it's as simple as "Real Housewives"?) For the record: Comcast ...
Comcast's decision to spin off cable networks like MSNBC and CNBC aims to free up cash but may invite more competition, making shares a sell. Despite the spinoff, Comcast's core business faces ...
Comcast Corporation announced its plans for a tax-free spin-off to create a new publicly traded company. The new company includes NBCUniversal’s cable networks like USA Network, CNBC ...
studios and theme parks Tax-free transaction expected to be completed in approximately one year PHILADELPHIA, November 20, 2024--(BUSINESS WIRE)--Comcast Corporation (NASDAQ: CMCSA) today ...
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Comcast president Mike Cavanagh announced in a memo to NBCU employees viewed by Business Insider. The assets that are part of the planned spinoff generated $7 billion in revenue during the year ...
The overall distribution pacts also allow Comcast to offer WBD’s portfolio of linear cable networks to Xfinity TV customers, including TNT, TBS, CNN, Discovery, Food Network, HGTV, TLC ...
How might the cable bundle business model be impacted ... Mike Cavanagh, Comcast’s president, said in an internal memo Wednesday that the tax-free transaction, which will take about a year ...
will be available for Xfinity TV customers. The agreements also provide for continued carriage of HBO while expanding Comcast’s rights to package the ad-supported versions of Max and Discovery+ ...
It also plans to keep the expanding theme park business. Cowen & Co analysts in a note said the spin-off may well be a precursor to Comcast combining ... The tax-free spin-off is expected to ...