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NBCUniversal was formed on May 11, 2004, beginning on November 8, 2004 as NBC Universal, Inc., with the merger of General Electric (GE)'s NBC with Vivendi Universal's film and television subsidiary Vivendi Universal Entertainment, after GE had acquired 80% of the subsidiary, giving Vivendi a 20% share of the new company.
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.
COMCAST AND GE RECEIVE REGULATORY CLEARANCE FOR NBC UNIVERSAL TRANSACTION. PHILADELPHIA, PA, AND FAIRFIELD, CT – January 18, 2011 – Comcast (Nasdaq: CMCSA, CMCSK) and General Electric (NYSE ...
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.
NBCUniversal is introducing a new way to incorporate commerce into the viewing and reading experience, which it calls NBCUniversal Checkout. The new product is part of the company’s One Platform ...
BuzzFeed just announced that it has raised another $200 million from NBCUniversal. That might sound a little familiar, since the company raised a round of the same size last year. Plus, Recode ...
Last year, Disney announced it would pay Comcast $8.61 billion for its stake in Hulu, which matched the minimum guaranteed value of Hulu — $27.5 billion — that Disney would be required to pay ...
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