Comcast completes spin-off of Versant
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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' initial shrug at the proposed transaction underscores the ...
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 subscriptions for streaming platforms. Those one-time ...
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 — the bulk of NBCUniversal’s cable networks, which have ...
The Xfinity Flex streaming box and remote is aimed at Comcast’s internet-only subscribers who want to watch video on the big screen. (Comcast Photo) Commentary: After subscribing to Comcast cable television and broadband internet in some form or another ...
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 deal, which would combine the two largest cable companies ...
As the Peacock streaming service prepares to unfurl its offerings, Comcast is bracing for more subscribers to fly away. The cable operator hemorrhaged 149,000 pay-TV customers in the fourth quarter, the 11th straight quarter of decline. Luring them ...
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 cut down the wire. Comcast later sent CBS News Miami a statement saying:
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 streaming platforms. Those one-time stars for Comcast ...
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