Comcast said on Monday it has completed the spinoff of Versant Media Group, offloading its NBCUniversal cable channels such as USA Network and CNBC into a separate public company, as the media giant ...

Comcast is bulking up---again. The cable and content giant said that it will acquire Time Warner Cable in a stock swap valued at $45.2 billion. Comcast positioned the Time Warner Cable deal as a way ...

Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.

Comcast's efforts to grab a chunk of the business services market from the bottom up appears to be paying off as its enterprise business approaches an annual run rate of $4 billion. The cable giant ...

Comcast is moving forward with the spinoff of its cable network channels, including CNBC, MSNBC and E!, the company said Wednesday. The announcement comes weeks after Comcast executives said during ...

Comcast Corp. made it official early Thursday, formally unveiling a $45.2 billion deal to acquire Time Warner Cable. People familiar with the plan told The Hollywood Reporter late Wednesday that 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 a very ...

Comcast shares posted modest gains Wednesday after the company announced its plan to spin off all of NBCUniversal's cable networks, except Bravo, into a separate publicly traded entity. Stream Los ...

Despite gaining 9% since our last update in November, Comcast stock still has a P/E of just 9.9x and a Dividend Yield of 3.1%. The core cable business has continued its moderate EBITDA growth, driven ...

Comcast's $45.2 billion merger with Time Warner Cable is officially dead, and the companies may have the fiery Net neutrality debate that raged this past year to blame. Marguerite Reardon Former ...

Comcast lost 477,000 cable-TV subscribers in Q2 2020 amid a company-wide drop in revenue caused by the pandemic. The net-customer loss consists of 427,000 residential TV customers and 51,000 business ...