Comcast splits into two companies — NBCUniversal and Sky go to entertainment arm

Comcast has announced a split into two independent companies to be completed within 12 months. The entertainment arm will include NBCUniversal, Sky, Peacock and Bravo, while the second company — likely retaining the Comcast name — will focus on technology, internet and phone services. A third entity, Versant Media, housing most of Comcast's TV channels, had already been spun off separately. The announcement has sparked speculation about a potential sale of Universal.

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📈 Business Comcast splits into two companies, spinning off NBCUniversal and Sky The Verge · 29d ago 📈 Business Comcast touts NBCUniversal strength as corporate split approaches CNBC · 5d ago 📈 Business Comcast split forces Peacock to prove it can stand alone in streaming The Verge · 27d ago