Comcast to Split NBCUniversal and Cable Operations Into Two Companies

Comcast is restructuring into two companies. One will continue Comcast's cable internet and technology services, while the other will house NBCUniversal and Sky media properties. According to Variety, Comcast plans to execute this as a tax-free spin-off. This latest separation follows the company's recent divestment of most of its cable television business to Versant Media, reflecting a strategy to separate its infrastructure and media operations.

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