Comcast spins off NBCUniversal – big deals could follow

Comcast has announced plans to spin off its NBCUniversal media division into a separate company, splitting it from its core broadband business. The breakup could unlock major M&A activity, with both the new media entity and the broadband-focused Comcast potentially pursuing or attracting big deals. Analysts are watching closely to see which media or telecom players could become targets.