Whoa, Comcast really did offload most of its cable properties
On Wednesday, Comcast announced the birth of a new independent company currently called “SpinCo,” which will be a “tax free ...
Welcome to SpinCo
As for what happens next, the best thing SpinCo (yes, we’re going to keep calling it that) has going for it are its ...
Comcast Announces Spin-Off of Most Cable Networks Into New Company to ‘Set These Businesses Up for Future Growth,’ CEO Brian Roberts Says
Comcast is officially cutting the cord on most of its cable networks. The company announced a plan Wednesday that will ...
Comcast is offloading its cable properties. Other media companies could do the same.
Comcast will maintain ownership of its NBC broadcast network, including NBC News, along with its Peacock streaming service.
Comcast’s Strategic Spin-Off of SpinCo: Enhancing Growth Prospects and Maintaining Strong Programming Rates
Analyst Jessica Reif Ehrlich from Bank of America Securities maintained a Buy rating on Comcast (CMCSA – Research Report) and keeping the price ...
Comcast unveils SpinCo as a stand-alone media powerhouse
The newly formed company will oversee networks like CNBC and digital platforms like Rotten Tomatoes, signaling Comcast’s ...
Comcast's Spin-Off to Boost Broadband and Streaming Growth: Goldman Sachs
Goldman Sachs analyst maintains Buy rating on Comcast Corp with price target of $50. Comcast plans to spin off cable networks ...
Comcast's Bold Move to Slim Down NBCUniversal Sets It Up for a Streaming-Focused Future | Analysis
The move is designed to position NBCUniversal for future growth, jettisoning the assets that are dragging down share value ...