Comcast said it plans to spin off its big media division from its core broadband operations. That could lead to some big-ticket deal-making.
Category: Comcast Corporation
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Could Comcast and NBCUniversal Do Deals After They Break Up?
The New York Times – Business: -
Comcast to Spin Off NBCUniversal Into Separate Company
The New York Times – Business:The media business, which owns NBC News, Universal Pictures and the Peacock streaming service, will be separated from Comcast’s cable and internet business, following a trend in the media industry.
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Versant, Owner of MS NOW, in Talks to Acquire Vox Media’s Podcast Division
The New York Times – Business:Versant, the parent company of CNBC and MS NOW, is looking to continue expanding its business beyond cable TV.
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Netflix, Comcast and Paramount Submit Warner Bros. Discovery Bids
The outcome of the sale could alter the trajectory of the entertainment business.
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Paramount, Comcast and Netflix Prepare Bids for Warner Bros. Discovery
Paramount, Comcast and Netflix are preparing bids to buy all or part of Warner Bros. Discovery, a crown jewel of the industry.
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Hollywood’s Latest Cliffhanger: The Fate of Warner Bros. Discovery
Potential bidders are circling the media company as it weighs its deal options. But financial and regulatory questions hang over everything.
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Warner Bros. Discovery Says It Is Considering a Sale
The owner of CNN, HBO and the Warner Bros. movie studio revealed that it has received acquisition interest from multiple suitors.
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NBC News Cuts About 7% of Staff
The layoffs come ahead of a corporate spinoff that will formally separate the parent company of NBC News from cable networks like MSNBC and CNBC.
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Take Two: Why Big Companies Are Naming Co-C.E.O.s
Comcast, Oracle and Spotify recently doubled up on top executives, a rare setup that some say could become more common.
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Leo Hindery Jr., Dealmaking Power in the Cable TV Industry, Dies at 77
He was president of one of the nation’s largest cable operators and chairman of the Yankees’ YES Network. He also drove his sports car to victory in the 24 Hours of Le Mans.
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Mike Cavanagh Named Co-C.E.O. of Comcast
Mr. Cavanagh will run the media giant alongside Brian L. Roberts, its longtime chairman and chief executive, in a clear sign of succession planning.
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Disney and Universal Sue A.I. Firm Midjourney for Copyright Infringement
The suit, against Midjourney, is the first time major Hollywood companies have sued over A.I.-generated images.