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- Comcast Corp has completed its takeover of NBC Universal, creating a $30 billion media behemoth that controls not just how television shows and movies are made but how they are delivered to people's homes.
www.reuters.com/article/world/americas/comcast-completes-nbc-universal-merger-idUSTRE70S2WZ/
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Each year, Comcast and NBCUniversal file a report describing the implementation of the conditions adopted by the FCC in the NBCUniversal Transaction Order. The following reports are available: Comcast Corporation, one of the nation's leading providers of entertainment, information and communications products and services, is the owner of ...
Jan 29, 2011 · To close the deal, Comcast, the No. 1 provider of video and residential Internet service in the United States, acquired a 51 percent stake in NBC Universal from General Electric Co.
Jan 21, 2011 · The joint venture between Comcast and NBC Universal will combine Comcast's cable networks, such as E! and Golf Channel and Comcast's regional sports networks with NBC Universal's cable and...
Dec 3, 2009 · However, the Associated Press is reporting that NBC shows that now cost money to access through Comcast’s fledgling online on-demand service called TV Everywhere, will be free to Comcast...
- Deal in Production For Months
- Competition Worries
- GE Retains Minority Stake
Comcast's Roberts and GE chief executive Jeff Immelt have been discussing the deal for months, and the final weeks came down to GE's persuading French conglomerate Vivendi SA to first sell its minority stake. Comcast is eager to diversify as it faces encroaching threats from online video and more aggressive competition from satellite and phone comp...
But consumer advocates worry about the deal, saying people could end up paying more for TV. Subscription-TV operators such as DirecTV Group Inc. and Verizon Communications Inc.'s FiOS service would be negotiating with a direct rival on how much they have to pay to carry NBC Universal's content. Consumer groups worry that as a result, fees that are ...
Under the deal, expected to close in a year if regulators and shareholders of both companies approve, GE would buy Vivendi SA's 20 per cent stake in NBC Universal for $5.8 billion US — with $2 billion payable in September 2010 if the deal hasn't closed by then, and the remaining $3.8 billion at closing. NBC Universal is to be separated into a new j...
Feb 14, 2013 · Comcast's $16.7 billion deal to purchase the remaining half of NBCUniversal from General Electric solidifies the cable and broadband giant's role as a media titan and represents a triumph for CEO...
Jul 23, 2024 · 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.
