Comcast plans to spin off NBCUniversal and Sky into a separate publicly traded company, giving shareholders stock in both businesses. The planned tax-free separation is expected to be completed in about a year.
Posts tagged as “Media Industry”
CBS News fired longtime “60 Minutes” correspondent Scott Pelley after he confronted new executive producer Nick Bilton during a staff meeting. The dismissal comes amid broader upheaval at the program under CBS News Editor-in-Chief Bari Weiss.
Byron Allen's comedy series "Comics Unleashed" takes over CBS's late-night slot following the end of "The Late Show With Stephen Colbert." Allen, a media mogul and former stand-up comic, leases the hour and plans to expand his media empire through this new opportunity.