# Comcast jumps 14% after announcing it will spin off media and tech wings into separate public companies — retained record

> Retained news record from news:cnbc-markets.

Canonical: https://highsignal.app/data/records/2807c5f9c064a8a0

[← sources](https://highsignal.app/data)


source: [news](https://highsignal.app/data/news) (news:cnbc-markets)  published 2026-06-29 10:15 ingested 2026-06-29 10:31

[original source ↗](https://www.cnbc.com/2026/06/29/comcast-announces-it-will-spin-off-media-and-tech-wings-into-separate-public-companies.html)

## retained text



```
Skip Navigation

Make It

select

USAINTL

Livestream

Search quotes, news & videos

Livestream

WatchlistSIGN INCreate free accountMedia

Comcast jumps 14% after announcing it will spin off media and tech wings into separate public companies

Published Mon, Jun 29 2026 6:05 AM EDTUpdated 4 Min AgoElsa OhlenWATCH LIVE

Comcast said Monday it plans to separate its media and technology businesses into two publicly traded companies through a tax-free spin-off of NBCUniversal and Sky, to better position strategic priorities.

The spin-off is expected to be completed in about one year, and Comcast shareholders will own shares in both Comcast and NBCUniversal, the company said in a statement.

Comcast shares jumped as much as 14% in premarket trading.

This is breaking news. Please refresh for updates.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
```



document fetched 2026-06-30 09:15 · canonical https://cnbc.com/2026/06/29/comcast-announces-it-will-spin-off-media-and-tech-wings-into-separate-public-companies.html