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Comcast and NBCUniversal split up. Comcast and NBCUniversal will end 15-year partnership in a move to keep up with the rapidly changing media landscape. Published: June 29, 2026, 2:24 p.m. MDT View 3 Comments Margaret is a staff writer for the Deseret News, where she covers entertainment, culture and trending topics. NEW: Try Article Audio Audio quality: | Comcast plans to split off from NBCUniversal into an independent publicly traded company, the company said Monday, ending a 15-year partnership as it adapts to the rapidly changing media landscape. The company said its board and management team believe the split will better position both businesses to pursue their own strategic priorities, invest for growth and create long-term shareholder value as independent entities. Brian Roberts, Comcast chairman and co-CEO, will "continue to be actively involved in the leadership" of both Comcast and NBCUniversal, "working in partnership with the CEOs of both companies," the company said. The standalone NBCUniversal will include the theme park division, Universal film and television studios, NBC Telemundo networks, Bravo and the streaming service Peacock. Its portfolio will also include Sky, a European media company. Comcast will redirect its focus on delivering broadband, wireless and entertainment platforms to its 65 million homes and businesses. "This is a very exciting day for our company," said Roberts in a statement. "The transaction we are announcing will unlock a more entrepreneurial management approach and open up a multitude of new opportunities for each business. I very much look forward to helping guide our collective growth for this next chapter." "This new company will be well-positioned to pursue the significant opportunities that lie ahead, to partner across the media and entertainment ecosystem, and will be poised to grow," he added. Following the separation, which is expected to take a year to complete, Comcast shareholders will own shares in both companies. It said the deal would create "two focused industry leaders, each with significant scale, strong financial profiles and distinct strategic opportunities." Comcast acquired NBCUniversal in 2011 from then-owner General Electric for $6.2 billion. Two years later, in 2013, Comcast paid $16.7 billion to complete the buyout. "Both companies begin this next chapter from positions of strength," said Mike Cavanagh, Comcast co-CEO. "Comcast will continue to build on its leadership in connectivity, while NBCUniversal, together with Sky, will have the scale, brands, content and financial resources to compete as a premier global media and entertainment company." He continued, "Each organization will continue to be led by a management team with deep industry experience that will benefit from focused strategic priorities and the ability to pursue opportunities most relevant to their businesses." The move from Comcast is the latest in a fast-changing media industry. Meanwhile, Paramount Skydance works toward closing a $110 billion deal to acquire Warner Bros. Discovery, as Fox is in the process of acquiring Roku in a $22 billion deal. Looking for comments? Find comments in their new home! Click the buttons at the top or within the article to view them - or use the button below for quick access.

Comcast plans to split into two public companies by spinning of NBCUniversal and Sky. Comcast is planning to split itself into two separate publicly traded companies by spinning off NBCUniversal and Sky By MICHELLE CHAPMAN AP business writer June 29, 2026, 3:29 AM Comcast is planning to split itself into two separate publicly traded companies by spinning off NBCUniversal and Sky. The company said Monday that its board and management team think each company will be better positioned to pursue its own strategic priorities, invest for growth and create long-term shareholder value as independent entities. Media and entertainment company NBCUniversal includes a theme parks division, Universal film and television studios, NBC and Telemundo networks, Peacock, and Bravo. Its portfolio will now European media business Sky. Comcast, based in Philadelphia, will continue providing internet services to residential and business customers. Comcast co-CEO Mike Cavanagh will become the CEO of NBCUniversal. Comcast's former Chief Financial Officer Michael Angelakis will become the CEO of Comcast, following completion of the separation. In the interim, he will serve as a strategic adviser. Comcast Chairman and co-CEO Brian Roberts will continue to be actively involved in the leadership of Comcast and NBCUniversal, working in partnership with the CEOs of both companies. "Comcast will continue to build on its leadership in connectivity, while NBCUniversal, together with Sky, will have the scale, brands, content and financial resources to compete as a premier global media and entertainment company," Cavanagh said in a statement. Once the transaction is complete, Comcast shareholders will own shares in both Comcast and NBCUniversal. The separation is expected to be completed in about a year. It still needs final approval from Comcast's board and is subject to regulatory approvals. Comcast expects to keep a stake of up to 19.9% ownership position in NBCUniversal for up to one year after the spinoff is complete. In premarket trading, Comcast shares surged 24%. Related topics.

Peacock launches shoppable Bravo series that is essentially a Target advert with chat. News Posted by By Paul M June 11, 2026 NBCUniversal launches Shop What Happens on Peacock this Sunday, a five-episode weekly series that sits somewhere between a talk show and a retail catalogue, built around Bravo personalities and title sponsor Target. The format strips the bones of Watch What Happens Live, removes most of the gossip, and inserts a purchasing mechanism: QR codes on screen direct viewers to Target products featured in each ten-minute episode. Daryn Carp, a long-time Bravo digital correspondent who previously hosted PEOPLE TV's Reality Check and earned a Telly Award for best online talk show, fronts the series alongside Bravo figures including Cynthia Bailey, Lindsay Hubbard and Nia Sanchez. Recording takes place in the same Manhattan building that houses Watch What Happens Live. Carp told Variety the ambition is frictionless consumption: "We want to make it as easy to digest as possible." The show distributes across Peacock, YouTube and TikTok, with vertical video formatting on mobile and a text-to-shop option for those who cannot be bothered with a QR code. TV & Video Discover more Movie & TV Streaming TV Comedies Comedy Films The series is the most direct expression yet of NBCUniversal's shoppable TV strategy, which has been developing since a 2023 pilot with Walmart on Below Deck Mediterranean and has since expanded across six Bravo titles. Michelle Mesenburg, Target's chief brand officer, told Media Play News that the company sees content, entertainment and shopping as a single continuous experience for modern consumers. NBCUniversal claims the combination of IP, talent and shoppable technology has driven a 378 per cent increase in engagement and 60 per cent year-on-year purchase growth. Discover more TV Guides & Reference Online Video TV Crime & Legal Shows What distinguishes Shop What Happens from earlier experiments is that the commerce is no longer embedded in an existing show: it is the show. NBCUniversal has built a piece of content whose entire purpose is to move product, dressed in the familiar language of Bravo fandom. The first episode streams on 14 June.