Comcast is splitting its media and broadband properties

Comcast announced plans to separate into two independent publicly traded companies through a tax-free spin-off of NBCUniversal and Sky. The split will separate its cash-generating broadband arm from a media and entertainment business under pressure from streaming rivals and industry consolidation. The split, expected to be completed in about a year, will create one company anchored by Comcast's cable, wireless and business services arm and another built around Universal theme parks, film and TV studios, NBC, Peacock and the European media business Sky.

Source: Ars Technica | 2026-06-29