Comcast to split its media, tech businesses into two listed companies

New York [US], June 29, (ANI): Comcast Corporation announced its intention to split into two entities in a move that will see its media and connectivity businesses getting listed separately in a fast-changing media landscape.

The cable giant plans to undertake a tax-free spin-off of NBCUniversal and Sky into a separate company that will see the shareholders of Comcast getting shares in both Comcast and NBCUniversal.