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The move announced Monday will separate Comcast’s media and entertainment assets from its broadband and wireless business.
Comcast said it will separate into two publicly traded companies through a tax-free spinoff of NBCUniversal and Sky.
The media business, which owns NBC News and Universal Pictures, will be separated from Comcast’s cable and internet business, ...
Comcast is spinning off its NBCUniversal entertainment and media assets into a separate publicly traded company.