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The cable giant is spinning off NBCUniversal and Sky into a separate public company, a move that could reshape the next wave of streaming and media deals.
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Comcast stock surges as cable giant announces company split Yahoo FinanceComcast to Spin Off NBCUniversal, Ending a Long Union of Cable and Media The New York Times?? Money Quote: Comcast's Change WSJComcast jumps 9% after announcing it will spin off NBCUniversal and Sky from cable business CNBC
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The media business, which owns NBC News and Universal Pictures, will be separated from Comcast's cable and internet business, following a trend in the media industry.
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