Another Monday, another huge deal in Hollywood.

Two weeks ago, Fox Corp. announced its intentions to acquire Roku for $22 billion. Now, it’s Comcast’s turn — in reverse.

Today, the company revealed it will exit Hollywood completely, spinning off another division, consisting of NBCUniversal and Sky Media, as a publicly traded company, and joining Versant outside the Comcast gates.

Comcast hopes to have all this done by summer 2027 – just like Fox and Roku.

On Monday’s special extra-bonus edition of Ankler Agenda, Sean McNulty and Wall Street Journal reporter Ben Fritz dive into the strategy afoot here, how Wall Street is driving the split, and the challenges and opportunities for both companies going forward.

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