Today: Nov 20, 2024

Comcast will announce the derivative of cable networks Wednesday, CNBC supply says

Comcast will announce the derivative of cable networks Wednesday, CNBC supply says
November 20, 2024



The Comcast NBC brand is proven on a construction in Los Angeles, California, June 13, 2018.Mike Blake | ReutersComcast is shifting ahead with the derivative of its cable community channels, an individual acquainted with the subject advised CNBC’s Julia Boorstin on Tuesday.The separation is anticipated to take a few yr, and a press release from the corporate may come as early as Wednesday, the individual stated. The corporate had introduced throughout its quarterly income in October it used to be making an allowance for a break up of the cable networks.The derivative used to be first reported via The Wall Boulevard Magazine.That is breaking information. Please refresh for updates.Disclosure: Comcast owns NBCUniversal, the mum or dad corporate of CNBC.

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