Comcast will invest $4 billion in a new strategic investment spinoff, with Michael Angelakis stepping down from his CFO position to run it. Angelakis will invest $40 million of his personal wealth into the new venture.
Major League Baseball is reportedly in talks with various investors about a spinoff of its highly successful digital media operation.
Graham Holdings announced that it will spin off Cable One as an independently traded company in 2015, news that sent share prices upward nearly 13 percent for the investment conglomerate.
Nasdaq shares for Windstream Communications' holding company ended trading Tuesday, July 29 up 12.35 percent after the company revealed that it was spinning off its copper and fiber assets into a real estate investment trust (REIT) and leasing them back.
Keysight Technologies is the name selected by Agilent Technologies for the electronic measurement company that it expects to spin off early November 2014.
Vivendi has made it official that it will separate its telecom unit from its growing media and content activities and has named Vincent Bollore as its new chairman.
The suggestion that a more powerful Verizon Wireless could lead to the demise of FiOS--as first suggested in a FierceIPTV commentary--gained some market cred this week with members of the financial community.
French media and telecom giant Vivendi, already in the process of trimming businesses that are not core to its entertainment media business, could eventually trim the telecom part of its portfolio, an executive with the firm suggested during a conference call with analysts, according to The Hollywood Reporter.
Telecom Italia's main wireline competitors Vodafone Italia, Fastweb and Wind said they were surprised by the incumbent telco's decision to not proceed with the spinoff its wireline network because of Agcom's decision to lower wholesale local loop unbundling prices.
Telecom Italia is delaying plans to spin off its wireline network, a decision that drove its shares down 3.4 percent to €0.49 (64 cents) in Tuesday morning trading.