Comcast to split into two companies, spin off NBCUniversal and Sky

[BumRushDaShow]

Source: NBC News

June 29, 2026, 6:20 AM EDT / Updated June 29, 2026, 6:50 AM EDT


Comcast announced Monday that it plans to split into two publicly traded companies by spinning off NBCUniversal and Sky. The move will separate Comcast’s media and entertainment assets from its broadband and wireless business. The company’s stock surged more than 25% in pre-market trading following the announcement.

The newly spun-off NBCUniversal will include the company’s theme parks division, Universal film and television studios, NBC and Telemundo networks, Peacock, Bravo, and Sky — the British broadcaster bought in 2018. Comcast meanwhile will continue with its “broadband, wireless and entertainment platforms.”

The separation is expected to be completed in about a year, though Comcast expects to retain a stake of up to 19.9% in NBCUniversal for up to a year after the spinoff is completed.

“Upon completion of the transaction, Comcast shareholders will own shares in both Comcast and NBCUniversal, creating two focused industry leaders, each with significant scale, strong financial profiles and distinct strategic opportunities,” Comcast, the parent company of NBC News, said in a statement. “Comcast’s board and management team believe each company will be better positioned to pursue its own strategic priorities, invest for growth and create long-term shareholder value as independent entities,” it said.

Read more: https://www.nbcnews.com/business/business-news/comcast-spinoff-nbcuniversal-sky-split-two-companies-rcna352188

[OldBaldy1701E]

1. ""Upon completion of the transaction, Comcast shareholders will own shares in both Comcast and NBCUniversal..."

So, a monopoly... despite the decorative action, they are trying to create two income generators out of one, and then trying to pass them off as different entities.

But, we won't worry about this, so...

(You guys want a fun little thing to do? Go research the competing brands in your supermarket. You will find that many of those competing brands are owned by the same corporation. I have seen people denouncing some brands and praising others, only to find out that they are all owned by the same corporation. And, they still present themselves as 'competitors', just to keep that income generation trick alive.)

It is all a sick game that we have played so long we won't do anything to change it.

Like so much of our society.

[BumRushDaShow]

2. Looks like s setup to sell NBC Universal in the future

As far as I have heard, they haven't broached the "A" word (AI), but maybe their HSI/mobile unit would start delving into it (I.e., artificial CSRs) and that would also be a reason to isolate the divisions.

[muriel_volestrangler]

3. That's how company splits normally work

The existing list of shareholders is duplicated. Then, each shareholder can decide to sell one while holding the other - and others can decide to buy one without the other. It's possible that some entity may make a bid for one of them in the future. But at the moment, Comcast's owners look to be spread among many institutional shareholders, without anything, and more importantly any person, dominating, so without either converting to a non-profit (unlikely, let's face it), this is probably the best you can hope for.

On edit: I see Wikipedia says that although he only has 1% of the equity stake in Comcast, Brian Roberts has 33% of the voting power. The OP article says

Comcast Chairman and co-CEO Brian Roberts will “continue to be actively involved in the leadership” of both Comcast and NBCUniversal, “working in partnership with the CEOs of both companies,” the company said in the statement.

So if that does mean he retains 33% voting power in both, then I guess they will still be significantly linked.