Comcast announced a spin-off of NBCUniversal prompting the stock to skyrocket early Monday. The new company will be a new version of NBCUniversal alongside Sky — its European media arm — will be a new ...

(CNN) — Comcast is positioning itself for the next round of media industry merger and acquisition activity. That’s what industry analysts are saying about the company’s Monday morning announcement ...

(CNN) — Comcast’s media businesses, including NBC, Peacock and Universal, are moving one step closer to a sale. On Monday morning, Comcast said it is spinning off NBCUniversal as well as its European ...