Comcast Bosses Say NBCU-Cable Separation ‘Absolutely Not’ Designed to Pursue M&A Deals; ‘We’ve Now Simply Changed Our Mind’ That the Businesses Are Better Together

Comcast is undoing one of its most significant deals. After fifteen years of combining NBCUniversal and the European broadcaster Sky with its cable and broadband operations, Comcast is now spinning both off as separate, independent companies. According to Variety, the move reflects a fundamental shift in how leadership views media bundled with pipes. Comcast co-CEO Mike Cavanagh says the decision isn't a precursor to new acquisitions—the company has simply reconsidered whether consolidation was the right strategy.

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