Factbox-Comcast spinoff latest in wave of US media shakeups

June 29 (Reuters) - Comcast's ‌decision to ​spin ​off its NBCUniversal and Sky businesses marks the latest effort by a major U.S. ‌entertainment company to separate or reshape legacy television ⁠assets as cord-cutting accelerates and streaming upends the industry.

The move ‌follows years of sweeping ‌strategic overhauls across the sector, with companies pursuing mergers, breakups, asset sales and lowered spending to sharpen ​focus and compete more effectively in an increasingly digital media landscape.

Here are some examples of ⁠recent strategic moves in the media industry:

June Comc Announced plans to To separate broadband and

29, ast spin ​off technology businesses

2026 NBCUniversal and from media assets, giving

Sky into a each company greater

standalone public strategic focus as

company. traditional TV ​declines.

Febr Warn Agreed to be This will create a ‌larger

uary er acquired by media company with

27, Bros Paramount Skydance greater scale in

2026 . in a deal valued streaming, film and TV

Disc at ⁠about $111 production and sports,

over billion. while achieving cost

y synergies. The deal

awaits regulatory

approval.

May Lion Completed the The move aims to allow

7, sgat spinoff of Starz the studio and Starz ⁠to

2025 e into a separate pursue independent growth

publicly traded and capital allocation

company. strategies.

Marc Disn Fully integrated To shift resources ​from

h ey Hulu into Disney+, linear television to

27, reorganized around direct-to-consumer

2024 streaming and streaming, while

continued cutting improving profitability

costs. and operating efficiency.

Marc Fox Continued focusing Concentrating on

h Corp on live sports, businesses that remain

17, . news and free resilient ‌to cord-cutting

2020 ad-supported and generate strong

streaming (Tubi) advertising and affiliate

after selling most revenues.

entertainment

assets to Disney.

Augu Para Completed the Building a scaled ‌media

st moun Skydance merger company better positioned

7, t and moved to to compete with ⁠Netflix,

2025 Skyd acquire Warner Disney and Amazon ‌through

ance Bros. Discovery. a larger ​content library

and streaming footprint.

(Reporting by Akash Sriram and Anzar Mehraj in Bengaluru; Editing by Pooja ‌Desai)

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