NBCUniversal to be split from Comcast in latest media shakeup
June 29 (Reuters) - Comcast (CMCSA.O), opens new tab will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its cash-generating broadband arm from a media and entertainment business under pressure from streaming rivals and industry consolidation. Shares of the company rose nearly 8% on Monday. The stock has had a rough run, falling more than 17% this year through Friday's close, after two straight annual declines. The proposed separation will create one company anchored by Comcast's cable, wireless and business services arm and another built around Universal theme parks, film and TV studios, NBC,...


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