WSJ Tech News Briefing · Monday, June 29, 2026
Comcast plans to separate its media and connectivity businesses into two publicly traded companies. The cable giant intends to spin off NBCUniversal and Sky to create a pure-play media company. This move comes as broadband businesses face challenges from cell phone carriers and media companies invest heavily in streaming services without achieving sufficient scale.
“Comcast plans to separate its media and connectivity businesses, creating two separate publicly traded companies.”
“Broadband businesses have been challenged by cell phone carriers offering home broadband service beamed over the air.”
“The separation is expected to be completed within the next year.”