The move announced Monday will separate Comcast’s media and entertainment assets from its broadband and wireless business.

Current shareholders would receive shares in both companies under the planned split, Comcast said Monday.

Comcast is positioning itself for the next round of media industry merger and acquisition activity by spinning off NBCUniversal.

Mike Cavanagh will be the CEO of NBCUniversal and Comcast's former CFO Michael Angelakis will become the CEO of Comcast in the separation of its media and technology businesses.

Brian Roberts lost out on an opportunity last year to merge NBCUniversal with Warner Bros. Discovery Inc. But the process ...

Comcast said it will separate into two publicly traded companies through a tax-free spinoff of NBCUniversal and Sky.

In a move sure to send shock waves through the media industry, Comcast announced on Monday that it plans to spin off NBCUniversal, its content arm, which includes the NBC broadcast network, the ...

Comcast spent 25 years arguing that media and broadband belonged together. Now it's breaking them apart.

Comcast's decision to spin off NBCUniversal into a separate, publicly traded company raised questions about the future of the ...

Following quickly on the heels of spinning off Versant Media earlier this year, Comcast is now off-loading NBCUniversal, carrying with it more questions than answers.

If the dispute extends into the regular season, it would also mean Xfinity subscribers would not have NFL RedZone Channel.

Communications giant Comcast is planning to split itself into two: one media-centered business that would include brands like NBCUniversal and Sky and a separate company focused on broadband and ...