“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 ...

Note: This story, originally published Nov. 5, was updated on Nov. 20 to reflect Comcast’s formal plans to spin off its cable networks. Comcast is cutting the cord on its cable network portfolio – a ...

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 — ...

WASHINGTON — Comcast will spin off many of its cable television networks that were once at the heart of the entertainment giant, with people increasingly swapping out their cable TV subscriptions for ...

Comcast plans to spin off the bulk of its NBCUniversal cable channels. The planned spinoff includes MSNBC, CNBC, E!, and Oxygen, among others. NBC, Bravo, and the streaming service Peacock would not ...

Comcast just jump-started a new season of major change across the television industry. And no one quite knows what will happen next. On Wednesday morning, the media giant confirmed that it is ...

After a few bumpy outings due to Covid and less-than-optimal host cities, the Olympics flourished last summer in Paris, with viewership gains and advertising records. With more happy returns expected ...