In Comcast’s case, Wall Street has been musing about the benefits of a spinoff for a while. Back in 2020, MarketWatch wrote about an open letter from analyst Peter Supino, then of...
In addition to a spinoff, Cavanagh said that Comcast would consider streaming partnerships to help grow Peacock, which reported a narrowed loss of $436 million, revenue growth of 82% year...
hypothetical spinoff would include cable TV networks and not NBC’s broadcast operations. He indicated Comcast is still early in the process of doing the due diligence about such a...
(Bloomberg) -- The cable-TV networks business being spun off by Comcast Corp. will explore acquiring other cable channels and creating its own streaming services to grow after separating from its parent. Channels specializing in documentaries or food-related shows are among the options for the new company, according to people familiar with the plans. Those are two programming areas the current portfolio lacks. The spinoff, which hasn’t been named, could also create its own streaming business o...
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The move will be structured as a tax-free spinoff to Comcast shareholders that will take around a year to complete, subject to final approval from Comcast’s board, completion of...
The bottom line: Comcast described its spinoff plan as playing offense in a rapidly changing media environment. That may force rivals to borrow from its playbook.
The cable-TV networks business being spun off by Comcast Corp. will explore acquiring other... The spinoff, which hasn’t been named, could also create its own streaming business or...
The Wall Street Journal first reported the Comcast plan to announce the move on Nov. 20. The spinoff raises questions about how brands that have been integrated behind the scenes — think...
Analysts said Comcast’s cable spinoff was inevitable as consumers continue to rapidly cut the cord.