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The Weather Company was previously owned by a consortium made up of the Blackstone Group, Bain Capital, and NBCUniversal. That consortium sold the Weather Company's product and technology assets to IBM on January 29, 2016, but retained possession of The Weather Channel cable network until March 2018, when it was sold to Entertainment Studios . [2]
Aug 22, 2023 · Prior to IBM, The Weather Company had been owned by a consortium of private equity firms, The Blackstone Group and Bain Capital, along with Comcast’s NBCUniversal. That group of...
- Erik Hayden
Oct 28, 2015 · “The Weather Channel will continue to be owned and supported by our existing shareholders — Bain Capital, Blackstone and NBCUniversal — and operate as a standalone business,” said Dave...
Jan 29, 2016 · IBM has finalized an agreement to acquire the Weather Channel’s product and technology business. The Weather Channel’s cable network will continue to be a separate entity owned by...
Jan 14, 2022 · In 2008, NBCUniversal, The Blackstone Group, and Bain Capital joined forces to buy The Weather Channel for a reported $3.5 billion. At the time, the channel was pulling in an estimated...
Sep 14, 2017 · But on September 15, 2008, the high-profile trio of Bain Capital, Blackstone and NBCUniversal completed their acquisition of TWC for a reported $3.5 billion, bringing a station with reach to 97% of US cable subscribers under private equity control.
IBM bought The Weather Company in 2016 from NBCUniversal,the Blackstone Group and Bain Capital. The Weather Channel's cable network remained with those sellers until 2018, when it was sold to...
