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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.
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. [34] Under the agreement, NBC Universal would be controlled with a 51% stake by Comcast and GE would retain the remaining 49%.
Comcast's (CMCSA) takeover of NBC Universal was approved, as expected, by the Federal Communications Commission and U.S. Department of Justice on Tuesday, creating a media and entertainment ...
The sale and resulting merger formed NBC Universal. The new company was 80% owned by GE, and 20% owned by Vivendi. [34] 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 ...
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.
Peacock is an American over-the-top video streaming service owned and operated by Peacock TV, LLC, a subsidiary of NBCUniversal Media Group. Named after the NBC logo, the service launched on July 15, 2020. [ 3][ 4][ 5] The service primarily features series and film content from NBCUniversal studios and other third-party content providers ...
July 23, 2024 at 9:00 AM. NBCUniversal expects to complete an 11-year rights deal that will bring the NBA to NBC and Peacock and that will transform the schedule of the broadcast network. “Soon ...