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On December 3, 2009, telecommunications company Comcast announced its intent to acquire mass media company NBC Universal from General Electric (GE). The acquisition was subject to scrutiny from activists and government officials; their concerns primarily surrounded the potential effects of the vertical integration that the acquisition could create, as Comcast is also heavily involved in cable ...
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.
No huge surprise here, but the FCC just approved Comcast's purchase of NBC Universal by a 4-1 vote. Details of the ruling aren't out yet, but FCC chairman Julius Genachowski had been pushing for ...
Hulu, TC. Both the Justice Department and the FCC have approved Comcast's monumental purchase of NBC Universal this morning. A cursory wade through the multiple press releases shows that the deal ...
On December 3, 2009, after months of rumors, a deal was formally announced in which Comcast would buy a stake in NBC Universal from GE for $6.5 billion after the spin-off of certain businesses, pending regulatory approval. [35] Under the agreement, NBC Universal would be controlled with a 51% stake by Comcast and GE would retain the remaining 49%.
Not only does LittleBigPlanet 2 come out today, but the FCC pproved the merger between Comcast and NBC Universal. Will the two companies use their combined powers for good and not evil? A healthy ...
For the better part of this year, Comcast has been jonesing to pick up a 51 percent stake in NBC Universal (for a cool $13.75 billion), but as you'd expect regulators have been poking and prodding ...
The plan by Comcast (CMCSA) to take a majority interest in NBC Universal (GE) could cost consumers $2.4 billion over the next nine years -- at least that is what the American Cable Association says.