Comcast is spinning off NBCUniversal and Sky

Comcast is spinning off NBCUniversal and Sky into a new company. The split will leave Comcast with the cable, wireless, and business services, while the new company will handle the Universal theme parks, film and TV studios, NBC, Peacock, and Sky. This move practically undoes the 2011 acquisition of NBCUniversal by Comcast. So after 15 years of consolidation, it's now time for some de-consolidation. Interestingly, Comcast CEO Brian Roberts will remain "actively involved" in leading both companies after the split. Roberts, whose father Ralph founded the company in 1963, controls...