Comcast to spin off NBCUniversal and Sky into separate media business

Comcast to spin off NBCUniversal and Sky into separate media business

Entertainment arm to split from mobile and broadband in move that raises questions over future of Sky NewsBusiness live – latest updatesComcast is to spin off its media operation, which includes Sky and the Hollywood film studio, TV and theme park business NBCUniversal, into a separate publicly listed company.The move comes eight years after the US group, which said the separation will take a year to complete, acquired Sky’s European operations for £31bn. Continue reading...

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