Comcast plans to spin off NBCUniversal assets to focus on broadband and wireless
By
Drew Gillis
Summary
Comcast plans to spin off the remaining NBCUniversal assets — including NBC, Bravo, Peacock, Telemundo, Universal Studios, Universal theme parks, and Sky — to become a pure-play broadband and wireless company. This follows last year's spin-off of cable properties like MSNBC and Oxygen into Versant. The move signals Comcast's exit from the content business entirely.
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Key quotes
· 2 pulledComcast plans to spin off what's left of NBCUniversal, effectively leaving Comcast as just a broadband and wireless company.
The move would see NBC, Bravo, Peacock, Telemundo, and Universal (both the studio and the theme parks) and the European media company Sky become its own pub
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