On Wednesday, Comcast announced the birth of a new independent company currently called “SpinCo,” which will be a “tax free spin-off” composed of several NBCU cable networks: MSNBC, CNBC, USA Network, ...

Marwa joined Reuters in 2009 in Cairo, Egypt. Comcast plans to divest the bulk of its once-coveted NBCUniversal cable TV ...

Comcast is spinning off MSNBC, CNBC, USA Network, E!, Syfy, Fandango, and Rotten Tomatoes to form a new company.

Investors are often hopeful spinoffs will lead to improved valuations. But one analyst questioned whether that will play out ...

The yet-to-be-named SpinCo will house most of NBCUniversal’s cable television networks, including USA Network, CNBC, MSNBC, ...

NBCUniversal CFO Anand Kini will become CFO and COO of the new channels company, helping Lazarus develop "an independent strategy" and establishing it "as a potential partner and acquirer." ...

Comcast announced its intention to spin off a number of cable channels into a new publicly traded company.

Comcast is moving forward with the spinoff of its cable networks, including CNBC, MSNBC and E!. The spinoff is expected to ...

CNBC's Julia Boorstin reports on the Comcast's decision to spinoff its cable networks. Discover the beauty of masterful work ...

Comcast officially announced its plans for a spinoff company comprised of NBCUniversal's cable TV networks and more on ...

Comcast stock rose on Wednesday after the parent of NBC and Universal Studios unveiled a plan to spin off most of its cable ...

After ending the previous session mostly higher, stocks may see further upside in early trading on Wednesday. The major index futures ...