Comcast to spin off NBCUniversal and Sky into separate media business
Key takeaways
- The split in Comcast’s operations is expected to be completed in about a year.
- Prefer the Guardian on Google Comcast is to spin off its media operation, which includes Sky and the Hollywood film studio, TV and theme park business NBCUniversal, into a separate publicly listed company.
- The move comes eight years after the US group, which said the separation will take a year to complete, acquired Sky’s European operations for £31bn.
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The split in Comcast’s operations is expected to be completed in about a year. Photograph: Brendan Mc Dermid/Reuters View image in fullscreen. The split in Comcast’s operations is expected to be completed in about a year. Photograph: Brendan Mc Dermid/Reuters NBC Universal Comcast to spin off NBCUniversal and Sky into separate media business Entertainment arm to split from mobile and broadband in move that raises questions over future of Sky News
Prefer the Guardian on Google Comcast is to spin off its media operation, which includes Sky and the Hollywood film studio, TV and theme park business NBCUniversal, into a separate publicly listed company.
The move comes eight years after the US group, which said the separation will take a year to complete, acquired Sky’s European operations for £31bn.