Comcast CEO Cavanagh Tells Staff NBCUniversal and Sky Are 'Set Up for Success' After Planned Split
By
Dade Hayes
Summary
Comcast CEO Mike Cavanagh sent a memo to staffers expressing confidence that NBCUniversal and Sky "fit well together and are set up for success" following Comcast's planned split that will separate its media assets from its cable and broadband operations. Cavanagh, who will serve as the designated chief executive of the spun-off media entity, emphasized that the portfolio will be "focused, purposeful and strong" after the transaction. He plans to hold a town hall for employees to discuss the transition further.
Source
DeadlineComcast CEO Cavanagh Tells Staff NBCUniversal and Sky Are 'Set Up for Success' After Planned Splitdeadline.comKey quotes
· 3 pulledOnce this transaction is complete, our portfolio will be focused, purposeful and strong.
The Versant spin enabled NBCUniversal to create a more integrated company, fueled by our world-class content, technology, IP and talent.
Our businesses fit well together and are set up for success.
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