Acquisition creates UK streaming giant while ITV Studios stays independent
Freed from cable's dead weight, the entertainment giant scopes out gaming, with Netflix lurking as a possible suitor
The cable giant splits into two, spinning off NBCUniversal and Sky in a tax-free divorce that sent its shares soaring 20 per cent.
Marco Bassetti will lead the combined company as CEO
The move aims to attract cord-cutters and redefine the traditional cable model.