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 ...

NBCU execs past and present feel a bit resigned to the fact that the halcyon days of cable TV are over, and that it's all ...

Comcast CEO Brian Roberts sold $20.4 million worth of stock, representing a small portion of his holdings in the media and ...

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

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

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 ...

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 ...