UK

Comcast to spin off NBCUniversal and Sky into separate media business

Entertainment arm split from mobile and broadband in move that raises questions over future of Sky NewsBusiness live – latest updatesComcast is to spin off its media operation, which includes the Hollywood film studio, TV and theme park business NBCUniversal and Sky, into a separately publicly listed company.The move comes eight years after the US group, which said the separation will take a year to complete, acquired Sky’s European operations for £31bn. Continue reading…

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Source: www.theguardian.com

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