
Comcast Split Won’t Spark a Buyout Blitz, Roberts Says
Comcast CEO Brian Roberts said on an investor call that the planned split of NBCUniversal and Sky from Comcast’s technology business is designed to maximize value and fuel each unit’s growth, not spur a wave of mergers and acquisitions. The two entities will focus separately on entertainment content (NBCUniversal-Sky) and distribution (pay-TV, broadband, wireless). The company cited Sky’s pending ITV deal and Peacock’s path to profitability as context for why the separation should unlock opportunities rather than trigger dealmaking.
