Versant Media Group (VSNT) will start trading on January 5 after the newly formed, independent media company is separated from Comcast (CMCSA) through a tax-free pro rata spinoff. The media company ...

NBCUniversal's cable and digital networks separate into Versant Media, set to trade January 5 via tax-free Comcast spinoff.

Comcast is carving off most of its cable channels. Will its new spinoff be a hunter or prey? The media giant last week put an upbeat spin on its move to shed what Wall Street sees as an albatross — ...

Comcast shares posted modest gains Wednesday after the company announced its plan to spin off all of NBCUniversal's cable networks, except Bravo, into a separate publicly traded entity. Investors' ...

WASHINGTON — Comcast will spin off many of its cable television networks that were once at the heart of the entertainment giant, with people increasingly swapping out their cable TV subscriptions for ...

Comcast (CMCSA) closed at $29.54 in the latest trading session, marking a -1.17% move from the prior day. This change lagged the S&P 500's daily gain of 0.19%. Meanwhile, the Dow gained 0.66%, and the ...

Don't cheer just yet about the end of the Comcast-Time Warner Cable deal. — -- Some consumer advocates call the death of the Comcast-Time Warner Cable deal a victory for consumers, but it won't ...

Comcast is moving forward with the spinoff of its cable network channels, including CNBC, MSNBC and E!, the company said Wednesday. The announcement comes weeks after Comcast executives said during ...

Comcast Corp. made it official early Thursday, formally unveiling a $45.2 billion deal to acquire Time Warner Cable. People familiar with the plan told The Hollywood Reporter late Wednesday that the ...

Comcast and WarnerMedia have renewed their carriage deal covering major cable networks like TBS and TNT and also added Xfinity distribution for streaming outlet CNN+. The companies said the multi-year ...

Comcast lost 477,000 cable-TV subscribers in Q2 2020 amid a company-wide drop in revenue caused by the pandemic. The net-customer loss consists of 427,000 residential TV customers and 51,000 business ...

After that didn't work, her family contacted CBS News Miami. About an hour after CBS reached out to Comcast, a spokesperson called back. A few hours later, technicians arrived, inspected the line, and ...