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- Comcast and General Electric announced Thursday morning they would enter into a partnership venture that would merge NBC Universal with Comcast’s cable networks, regional sports networks and other properties. Comcast would own 51 percent of the new venture, GE would own 49 percent, and the new entity would be managed by Comcast.
www.pcworld.com/article/515278/nbc_universal_comcast_merger_what_we_do_and_dont_know.html
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Comcast and GE formed the joint venture holding company NBCUniversal, LLC. NBC Universal, Inc. became a wholly owned subsidiary of the holding company and adopted the name, NBCUniversal Media, LLC, on January 29, 2011. [42]
Jan 29, 2011 · The newly created joint venture is called NBCUniversal LLC and its assets include NBC broadcast stations, cable channels like Bravo, USA and E!, the Universal movie studio as well as theme parks...
Dec 3, 2009 · Dec 3, 2009 1:40 pm PST. A long-rumored merger has finally become a reality. Comcast and General Electric announced Thursday morning they would enter into a partnership venture that would merge...
Jan 29, 2011 · The new joint venture, dubbed NBCUniversal, LLC, is 51% owned by Comcast (CMCSA, Fortune 500) and 49% owned by GE (GE, Fortune 500). Comcast will manage the company. The complicated deal, which...
May 12, 2004 · NBC completed its deal to merge with the Universal entertainment businesses Wednesday, creating a new media conglomerate that will take its place alongside giants such as Time Warner Inc. and...
Dec 4, 2009 · GE said on Thursday that it would buy out Vivendi's 20 percent stake in NBC Universal and form a joint venture with U.S. cable provider Comcast Corp. Comcast will own 51 percent of the new...
Dec 3, 2009 · NEW YORK (CNNMoney.com) -- General Electric and Comcast announced a joint venture worth a combined $37.25 billion on Thursday that will give the cable company eventual control of NBC...
