Comcast to spin off NBCUniversal and Sky into separate company

Comcast said Monday that it plans to spin off the NBCUniversal media empire into a separate publicly traded company, cleaving it from the corporation's broadcast and wireless business.

The independent NBCUniversal will include the Universal Pictures film studio, the NBC and Telemundo broadcast networks, NBC News, the streaming service Peacock, the cable channel Bravo, a lucrative theme parks division and Sky, a British TV broadcaster Comcast acquired in 2018.