Comcast Unveils Massive Split & NBCUniversal Spin-off Plans

Photo Credit: Comcast Corporation
In a surprising turn of events, Comcast has announced plans to spin off NBCUniversal as a separate entity, which would result in the creation of two independent, publicly traded companies. The unexpected split, which will happen within a year’s time, will see a distribution of assets, with each company having already assigned a CEO of its own.Comcast announces NBCUniversal splitOn June 29, Comcast confirmed that the multinational mass media conglomerate an