Overview

• David Novak, co-founder of Yum! Brands and former Comcast board member, has been appointed chairman of SpinCo.
• SpinCo will operate independently after its separation from Comcast, expected to be completed by the end of 2025.
• The company will include cable networks like MSNBC, USA, CNBC, and digital platforms such as Fandango and Rotten Tomatoes.
• Mark Lazarus, a longtime NBCUniversal executive, will serve as SpinCo's CEO alongside Novak's leadership.
• SpinCo's extensive portfolio is projected to reach over 65 million U.S. households and generate $7 billion in annual revenue.