Netflix didn't end up acquiring Warner Bros. earlier this year, but there may be another great opportunity for it to consider now that Comcast is breaking up.
Well, so much for Brian Roberts getting an Oscar. Following quickly on the heels of spinning off Versant Media earlier this year, Comcast is now off-loading the entirety of NBCUniversal.
TREVOSE, Pa.--(BUSINESS WIRE)--Comcast today announced a significant construction milestone in its network expansion across the Greater Phillipsburg area, with the overall project now more than halfway complete as the company works to bring its reliable, high-speed Internet network to more than 15,700 additional homes and businesses for the first time. Momentum across Warren County remains strong with construction in Greenwich, Lopatcong and Alpha nearing completion. Half of planned work in Phi.
Sky has agreed to acquire ITV Media & Entertainment—the ITV channels, the ITVX streaming service and the advertising business that funds them—for up to £1.6 billion. The deal, announced Monday, would fold the UK's biggest commercial broadcaster into the UK's biggest pay-TV operator.
Disney stock sells at about the same level as it did 10 years ago. The parks division is the only part of Disney reporting growth in its operating income.
Just a week after Comcast announced a plan to spin off NBCUniversal, the Philadelphia media-and-broadband conglomerate said it's buying a British broadcaster.