Disney will pay Comcast $438.7 million for a stake in Hulu, writes Lilian Rizzo for CNBC. This marks the end of a years-long ...

Disney had estimated the value to be around $27.5 billion, while Comcast was looking for at least $40 billion. If Comcast’s ...

Comcast officially announced Wednesday it would create a spin-off of several NBC networks, including left-leaning cable affiliate MSNBC, through a new company called "SpinCo." "Comcast Corporation ...

Comcast (CMCSA) surprised investors with a deal to buy a remaining 49% stake in NBCUniversal, a joint venture with General Electric (GE) first announced in 2009. While Tuesday's $16.7 ...

Comcast’s terse statement did not say who would be replacing Mr. Shell at NBCUniversal, which he has led since 2020. But in a note to employees on Sunday, Comcast’s chief executive ...

Comcast Corp. said Tuesday it will complete its buyout of NBCUniversal from GE for about $16.7 billion, ahead of schedule. Comcast, the nation's largest cable company, has owned 51 percent of ...

Comcast is moving forward with plans to spin off its NBCUniversal cable television networks including MSNBC and CNBC, sources say, shedding a once core part of the business that has been a ...

Those one-time stars for Comcast’s NBCUniversal cable television networks include USA, Oxygen, E!, SYFY and Golf Channel, as well as CNBC and MSNBC. Movie ticketing platform Fandango and the ...

Comcast is officially cutting the cord on most of its cable networks. The company announced a plan Wednesday that will offload the bulk of NBCUniversal’s financially challenged cable portfolio ...

Disney closed its deal with Comcast to buy out NBCUniversal's one-third stake in Hulu -- paying much less than NBCU sought.

The Bob Iger-run entertainment giant agreed to buy the 33 percent stake in Hulu in 2023; after an extended appraisal process, ...