Comcast beats earnings expectations as media revenue offsets weakness in connectivity
Comcast is in the process of spinning off its media business into a separate publicly traded company.
CNBC reports: Comcast is in the process of spinning off its media business into a separate publicly traded company.
This business story centres on the United States.
Why it matters
Business and economic news can ripple through prices, jobs, investments and household budgets.
Key details
- Location
- United States · Americas
- Reported by
- CNBC
- First reported
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at CNBCSpotted an error? Request a correction · How this summary was produced
Related Stories
How NBC Brought Live Musicals Back to Television
In January 2011, Comcast became the majority shareholder, and with it came a new leadership regime for NBC Entertainment, led by industry veteran…
What you might not know about Patriots running back Rhamondre Stevenson
Stevenson does all the little things for the Patriots, and he's on the cusp of 100 carries for the sixth straight season.
Wysh List: Why NHL fighting is up -- and getting noticed
Through 120 games, there were 34 games with one or more fights, up over the last two seasons (25 and 26).
Six players whose improved play should continue
Six fantasy football players whose production is surging and why you can expect it to continue.
Save high street by taxing online sales at higher rate, Burnham urged
Exclusive: British Chambers of Commerce president tells PM to ‘level the playing field’ for struggling high streets • How Middleton’s revival could…
David's Bridal plans to spin off AI platform Pearl into publicly traded company
David's Bridal told CNBC exclusively that it's planning to spin off its AI platform, Pearl, into a stand-alone publicly traded company.
Economy set to worsen, with higher unemployment and weaker growth on the way, Jim Chalmers reveals
Two days after a senior Reserve Bank official foreshadowed the potential for another interest rate hike in under two weeks’ time, the treasurer in a…
Procter & Gamble earnings beat as sales rise 4%, boosted by laundry and home products
Procter & Gamble topped Wall Street's estimates for its quarterly earnings and revenue.