Comcast telegraphed the shift last month, before confirming Wednesday that it will spin off assets that generated about $7 billion in revenue over the past 12 months ending Sept. 30.

Comcast telegraphed the shift last month, before confirming Wednesday that it will spin off assets that generated about $7 billion in revenue over the past 12 months ending Sept. 30.

Comcast CCZ-N said on Wednesday that it plans to spin-off the bulk of its fading NBCUniversal cable TV networks, including MSNBC and CNBC, as the company said it is repositioning itself for growth ...

Comcast CCZ-N is moving forward with plans to spin off its NBCUniversal cable television networks including MSNBC and CNBC, sources say, shedding a once core part of the business that has been a ...

US telco giant Comcast has announced plans to spin off a number of its cable TV channels into a publicly traded company. The independent company, named SpinCo, will be made up of NBCUniversal's ...

WASHINGTON (AP) — Comcast is spinning off into a new company many of the cable television networks that were once at the entertainment giant’s heart as consumers increasingly swap out their cable TV ...