Comcast, amid the upheaval in the TV biz caused by cord-cutting, is considering spinning off NBCUniversal’s portfolio of cable networks into a new publicly traded company. Comcast president Mike Cavanagh announced the exploratory plans on the conglomerate’s Q3 earnings call. “As you know, we chose not to participate in the M&A process around Paramount in […]
Comcast Exploring Spinoff of Cable Networks Into New Company
Oct 31, 2024 | 7:46 AM