Something's got to give - as seen with Versant Media Group, the spinoff company of Comcast Corp., on the first day trading as a public company. It closed down 13% to $40.57.
Comcast is carving off most of its cable channels. Will its new spinoff be a hunter or prey? The media giant last week put an upbeat spin on its move to shed what Wall Street sees as an albatross ...
Cable television has long been viewed as a stagnant business, showing little promise for growth over the years. However, Comcast believes it has found a new growth opportunity. On Wednesday, the ...
Seeing Comcast's move to spin off cable as just a name change and a sign the company wants out of cable networks is wrong. A history of smart moves by Comcast vs. bad ones favors the odds for ...
Comcast said on Wednesday that it plans to spin-off the bulk of its fading NBCUniversal cable TV networks, including MSNBC and CNBC, as the company said it is repositioning itself for growth in ...
LOS ANGELES (Reuters) - Comcast Corp plans to start selling movies for download and streaming through the cable operator's set-top boxes and its Xfinity TV website, according to people with ...
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