Comcast says its cable spinoff sets up declining networks for a rebound — and potential acquisitions. But SpinCo could also ...

An insider tells TheWrap that MSNBC and CNBC throw off $1 billion in profit, leaving dry powder for the new company to invest ...

Whatever they end up being called, CNBC and MSNBC, plus existing carriage deals in place for the entertainment assets, should ...

Comcast Corp is planning to spin off a large part of its NBCUniversal’s cable TV channels into a separate publicly traded ...

Brian Roberts, chairman and CEO of Comcast, has sold $20.4 million worth of shares in the media and cable giant, a small ...

Mark Lazarus described the new spinoff as entrepreneurial and flexible, one staffer said. The mood at the company seemed ...

Comcast chair and CEO Brian Roberts will own the same economic and voting interests in the new company, dubbed "SpinCo," as he has in Comcast, according to an internal memo sent to NBCUniversal ...

The spinoff company will be "comprised of a strong portfolio of NBCUniversal's cable television networks, including USA ...

Comcast is officially cutting the cord on most of its cable networks. The company announced a plan Wednesday that will ...

NBCUniversal CFO Anand Kini will become CFO and COO of the new channels company, helping Lazarus develop "an independent strategy" and establishing it "as a potential partner and acquirer." ...

Comcast has announced Wednesday its intent to create a new publicly traded company comprised of a strong portfolio of ...

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 ...