Comcast to spin off NBCUniversal and Sky into separate media business

Entertainment arm to split from mobile and broadband in move that raises questions over future of Sky NewsBusiness live – latest updatesComcast is to spin off its media operation, which includes Sky and the Hollywood film studio, TV and theme park business NBCUniversal, into a separate publicly listed company.The move comes eight years after the US group, which said the separation will take a year to complete, acquired Sky’s European operations for £31bn. Continue reading...