Comcast to spin off NBCUniversal and Sky into separate public company

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โดย Bloomberg·Read original
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Comcast announced it will spin off NBCUniversal and its European media unit Sky into a standalone publicly traded company, while retaining its cable-TV, broadband, and wireless businesses. Chairman and co-CEO Brian Roberts said the separation will give each business dedicated focus and tailored investment priorities. The move unwinds a conglomerate structure that analysts say never made clear strategic sense, and follows similar breakups by AT&T and Lionsgate. NBCUniversal will be led by co-CEO Michael Cavanagh once the spinoff completes in about a year, while former CFO Michael Angelakis will return to lead the remaining Comcast connectivity business. The separation could make NBCUniversal an acquisition target or pave the way for cable-industry consolidation, though any deal with Charter Communications would face significant regulatory and debt hurdles.

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Comcast is spinning off NBCUniversal and Sky, which could unlock value but also creates uncertainty about future strategy and potential regulatory hurdles.

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