Comcast to spin off NBCUniversal and Sky into separate media business

1 month ago 4

Rommie Analytics

Entertainment arm to split from mobile and broadband in move that raises questions over future of Sky News

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Comcast 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.

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