Mike Cavanagh will be the CEO of NBCUniversal and Comcast's former CFO Michael Angelakis will become the CEO of Comcast in the separation of its media and technology businesses.

The move announced Monday will separate Comcast’s media and entertainment assets from its broadband and wireless business.

Comcast spent 25 years arguing that media and broadband belonged together. Now it's breaking them apart.

Comcast and NBCUniversal will separate into two independent, publicly traded companies within a year's time, the corporation announced on Monday. NBCUniversal will house the theme parks, Universal ...

Comcast said it will separate into two publicly traded companies through a tax-free spinoff of NBCUniversal and Sky.

The company said it expects the split to be completed within a year, with Comcast’s shareholders owning shares in both companies.

Communications giant Comcast is planning to split itself into two: one media-centered business that would include brands like NBCUniversal and Sky and a separate company focused on broadband and ...

Following quickly on the heels of spinning off Versant Media earlier this year, Comcast is now off-loading NBCUniversal, carrying with it more questions than answers.

Comcast's decision to spin off NBCUniversal into a separate, publicly traded company raised questions about the future of the ...

Comcast just announced it’s splitting NBCUniversal, including the Universal theme parks, into its own separate public company.

Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its cash-generating broadband arm from a media and entertainment business under pressure ...

In a move sure to send shock waves through the media industry, Comcast announced on Monday that it plans to spin off NBCUniversal, its content arm, which includes the NBC broadcast network, the ...