Business leader and media executive
Comcast has announced a tax-free spin-off that will separate NBCUniversal and Sky from its cable, broadband and wireless business. The move is intended to unlock value, reduce regulatory friction, and let each company pursue independent growth strategies. Executives say both halves will be better positioned to invest, partner and compete in a rapidly evolving media and telecom landscape.
Ted Turner, the founder of CNN, has died at 87. His life spanned philanthropy, conservation, entertainment and sports ownership. His most enduring legacy is creating the 24-hour news cycle through CNN, which transformed journalism and public discourse. His passing prompts questions about CNN’s future under new ownership.
Universal has announced the name for its first European theme park in the UK: Universal United Kingdom Resort. Enabling works are underway at Bedfordshire with full construction expected to start soon. The project is backed by up to £5.3 billion in public and private investment and is slated to open in 2031, creating up to 20,000 construction jobs and 8,000 permanent roles.