Comcast to spin off NBCUniversal and Sky into separate media business

The Guardian: When Comcast acquired Sky for £31bn in 2018 the company guaranteed to keep funding Sky News for a decade, increasing its funding annually in line with inflation.

As that commitment draws closer to expiring, concerns have been raised about whether the US company will continue to fully fund Sky News, which has an annual budget of about £100m but is thought to make losses of as much as £80m…

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