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On December 3, 2009, Comcast and NBC Universal confirmed a $6.5 billion deal to merge the two companies, pending approval from the United States Department of Justice Antitrust Division; the deal would be structured as sale of Vivendi's stake in the company to GE for $5.8 billion, followed by Comcast acquiring 51% controlling stake of NBC ...
Xfinity. Adelphia Communications Corporation: assets acquired by Time Warner Cable and Comcast in 2006. Comcast Entertainment Television (CET) Comcast Television 2 (Michigan) Commuter Cable. ExerciseTV (with Time Warner Cable, New Balance, and Jake Steinfeld) Group W Cable.
The sale and resulting merger formed NBC Universal. The new company was 80% owned by GE, and 20% owned by Vivendi. The television divisions of NBC and Universal Television were combined to form NBC Universal Television. In 2006, NBC Universal sold four of its smaller-market owned-and-operated stations (WVTM, WNCN, WCMH, and WJAR) to Media General.
The plan by Comcast (CMCSA) to take a majority interest in NBC Universal (GE) could cost consumers $2.4 billion over the next nine years -- at least that is what the American Cable Association says.
On December 3, 2009, after months of rumors, a deal was formally announced in which Comcast would buy a stake in NBC Universal from GE for $6.5 billion after the spin-off of certain businesses, pending regulatory approval. Under the agreement, NBC Universal would be controlled with a 51% stake by Comcast and GE would retain the remaining 49%.
The media world has just met the new sheriff in town. Comcast Corp. (CMCSA) Thursday officially announced its long-awaited deal to gain control of NBC Universal from General Electric Co. (GE). The ...
The network was renamed NBC Universo in February 2015 to align it with Telemundo's sister English-language network NBC. As of February 2015 [update] , NBC Universo's programming was available to approximately 39.326 million pay television households (33.8% of cable, satellite and telco customers with at least one television set) in the United ...
Comcast, the nation's largest cable company, and General Electric, the giant industrial conglomerate, are finalizing an agreement that would create a new media titan anchored by NBC Universal. The ...
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