Comcast to Spin Off NBCUniversal and Sky in Tax-Free Split, Creating Two Independent Public Companies
Comcast Corporation has announced plans to separate its media and entertainment business into a standalone publicly traded company through a tax-free spin-off of NBCUniversal and Sky, creating two independent industry leaders focused on connectivity and global media. Comcast Internet powered by satellite Following the transaction, Comcast shareholders will own shares in both Comcast and NBCUniversal, enabling each company to pursue independent growth strategies while enhancing long-term sharehol