Comcast is carving off most of its cable channels. Will its new spinoff be a hunter or prey? The media giant last week put an upbeat spin on its move to shed what Wall Street sees as an albatross — ...

Comcast is spinning off most of its NBCUniversal cable network portfolio, including USA, MSNBC and CNBC. The company chose the name Versant, not intended to be consumer-facing, to emphasize its role ...

Comcast is moving forward with the spinoff of its cable network channels, including CNBC, MSNBC and E!, the company said Wednesday. The announcement comes weeks after Comcast executives said during ...

Shares in Comcast, which are slightly in the red for the year to date, stayed mostly flat Wednesday but staged a late rally, climbing 1.6% to finish at $42.99. Details of the planned spin first ...

Comcast Corp. plans to spin off cable-TV channels including MSNBC, CNBC and USA, following through on plans first announced last month. The NBC broadcast network and Peacock streaming TV business will ...

“We see a real opportunity to invest and build additional scale and I'm excited about the growth opportunities this transition will unlock," Mark Lazarus, who will lead the new firm, promised. By ...

Comcast is cutting the cord on its declining cable network portfolio – including MSNBC, CNBC, USA, Oxygen, E!, Syfy and Golf Channel – and will spin off the assets into a standalone, publicly traded ...

Comcast (CMCSA) enhances Xfinity bundles with Disney+, Hulu, HBO Max. StreamSaver offers up to 45% savings on premium ...

Comcast plans to spin off $7B SpinCo, focusing on news, sports, and digital assets to streamline growth. Analyst Michael Ng projects $123.42B in 2024 revenue, maintaining a $50 price target with a Buy ...

Comcast's spinoff of the majority of its NBCUniversal cable network portfolio will be named Versant, the company said Tuesday, ending a monthslong process to select a new corporate moniker. The new ...