Lillian Rizzo

Comcast said Thursday it has begun to explore a separation of its cable networks business. The separation would not include the broadcast network NBC or streaming platform Peacock.

Deal-making has slowed in recent years, largely due to high interest rates, soaring company valuations and a tight regulatory environment.

Sign up today for the new CNBC Sport Newsletter Major League Baseball and the Atlanta Braves have objected to Diamond Sports Group's current restructuring plan, according to a Friday bankruptcy court filing.

Netflix's ad-supported tier has reached 70 million global monthly users. The streaming giant introduced the cheaper tier with commercials in November 2022 as one of its responses to slowing subscriber growth.

Liberty Media announced Wednesday it's spinning off most assets besides Formula One auto racing into a separate publicly traded company, called Liberty Live, and that CEO Greg Maffei is stepping down at year-end.

Disney will report its fiscal fourth-quarter earnings before the bell Thursday. Analysts polled by LSEG expect earnings per share of $1.10 and revenue of $22.45 billion.

Disney doesn't foresee parting with its TV networks, more than a year after CEO Bob Iger went public with the consideration.

Diamond Sports, the owner of regional sports networks, moved closer to exiting bankruptcy on Thursday after a bankruptcy judge said he would sign off on its reorganization plan.

The split would cleave off some of NBCUniversal's best-known brands, which face the same cord-cutting challenges as many other major cable channels.

The NHL's Utah Hockey Club kicked off its first season in Salt Lake City this fall after relocating from Phoenix.