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As a result, NBC Universal would become a joint venture between Comcast and GE, with Comcast holding a 51% majority stake. As a whole, the deal valued NBC Universal at $30 billion. The deal included an option for General Electric to sell further stakes in the company to Comcast over seven years, or for Comcast to buy stakes at "specified times".
v. t. e. NBCUniversal Media, LLC (abbreviated as NBCU and doing business as simply NBCUniversal or Comcast NBCUniversal since 2013) is an American multinational mass media and entertainment conglomerate that is a subsidiary of Comcast and is headquartered at 30 Rockefeller Plaza in Midtown Manhattan in New York City.
NBCUniversal Consumer Products, headed by Russell Hampton, and Fandango, headed by Paul Yanover, was transferred to Universal Studios under its vice chairman Jeff Shell, while the Integrated Media group, headed by John Shea, was transferred to Linda Yaccarino, chairman of advertising sales and client partnerships.
Find out about NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and other NBC News Digital sites.
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.
By Jody Godoy. (Reuters) - The U.S. Federal Trade Commission on Wednesday finalized a ban on companies knowingly buying or selling fake online reviews, giving the agency the power to levy fines ...
Acquisition of NBC Universal by Comcast, a similar media merger but entirely vertical scale. Acquisition of 21st Century Fox by Disney, a corporate act of The Walt Disney Company which acquired most of 21st Century Fox assets, mostly film and television studios and entertainment pay-TV channels. Concentration of media ownership
The company saw commitments rise for digital sports programming, and from small and medium-sized advertisers who can afford to buy national TV now that it’s available via digital windows, where ...