{"id":1106,"date":"2026-06-29T11:08:32","date_gmt":"2026-06-29T11:08:32","guid":{"rendered":"https:\/\/coasttocoastmoverss.com\/?p=1106"},"modified":"2026-06-29T11:08:32","modified_gmt":"2026-06-29T11:08:32","slug":"comcast-announces-plan-to-split-tech-and-media-businesses-with-nbcuniversal-spinoff","status":"publish","type":"post","link":"https:\/\/coasttocoastmoverss.com\/?p=1106","title":{"rendered":"Comcast Announces Plan To Split Tech And Media Businesses With NBCUniversal Spinoff"},"content":{"rendered":"<div>\n<h2>How Have Markets Reacted?<\/h2>\n<p>In premarket trading early on Monday, Comcast\u2019s shares soared to $29.23, up more than 26% from Friday\u2019s close. The premarket surge has nearly wiped the slump in Comcast\u2019s stock price since the start of this year. The company was one of the key bidders\u2014after Paramount and Netflix\u2014looking to acquire Warner Bros. Discovery last year.  <\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=1104\">Tarp Covered Kennedy Center Hosts Mark Twain Prize Event As Comedians Poke Fun At Trump<\/a><\/p>\n<h2>Will comast hold any stake in the spunoff NBC Universal?<\/h2>\n<p>In the announcement, Comcast said it expects to retain \u201cup to 19.9% ownership\u201d stake in NBCUniversal for a up to a year after the spinoff\u2019. The spunoff media company will have the same dual-class share structure and Comcast plans to \u201cmonetize \u201d its post-spinoff holding in a \u201ctax-efficient manner over time.\u201d<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=1102\">Watch The \u2018Strawberry Moon\u2019 Rise Tonight \u2014 Exact Times Where You Live<\/a><\/p>\n<h2>tangent<\/h2>\n<p>The decision to spin off NBCUniversal into a separate business comes just half a year after Comcast spun off its cable networks, under a new company called Versant Media. The Versant spin-off plan was <u>first announced<\/u> in late 2024 and <u>officially approved<\/u> by the company\u2019s board last year. Versant, which began operating at the start of this year, now owns and operates cable networks including CNBC, USA Network, MSNOW (formerly MSNBC), Syfy and others.<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=1100\">Trump Claims Reflecting Pool Now In \u2018Full Use\u2019<\/a><\/p>\n<div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The company said it expects the split to be completed within a year, with Comcast\u2019s shareholders owning shares in both companies.<\/p>\n","protected":false},"author":1,"featured_media":1105,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Comcast Announces Plan To Split Tech And Media Businesses With NBCUniversal Spinoff - 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