Comcast announced Monday that it plans to split into two publicly traded companies by spinning off NBCUniversal and Sky. The move will separate Comcast’s media and entertainment assets from its ...

Mike Cavanagh will serve as the CEO of NBCUniversal, while Comcast’s former CFO Michael Angelakis will become the CEO of Comcast in the separation of its media and technology businesses.

Siladitya Ray is a New Delhi-based Forbes news team reporter. In an official announcement, the company said its tech business and media business will operate as two “independent publicly traded ...

Comcast plans to break off some of its NBCUniversal cable channels, including MSNBC, CNBC, E!, Oxygen, and the Golf Channel, the WSJ reported.

Versant is now officially a publicly traded media company after completing its long-planned spin-off from Comcast, a move that now separates a portfolio of cable and news networks from the media ...

NBC News began cutting 7%, or about 150 of its roughly 2,000-person staff, as it gears up to operate independently of MSNBC and CNBC.