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 ...

Those are some of the things the Brian Roberts-run Comcast promised on Wednesday in unveiling its plan to spin off most of its cable channels, formerly a key profit growth engine, into a separate ...

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 ...

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 subscriptions ...

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 ...