Broadcast pioneer NBC prepares for cable takeover

I’m not sure how to feel today…is the beginning of the end or the end of the beginning? NBC has been through the ringer these past few years and this final chapter…GE agreeing to sell 51% of the company to Comcast (pending approval from minority owner Vivendi). As many of you know, I spend my [...]

Comcast close to taking over NBCU?

from reuters (Reuters) – Comcast Corp and General Electric Co are closer to a deal to give Comcast a 51 percent stake in NBC Universal and a formal announcement may be made in the coming week, the New York Times said, citing people briefed on the talks. GE, which currently owns 80 percent of NBC [...]

Comcast/NBC Universal Merger?

Did anyone see this one coming? Associated Press Summary of Comcast-NBC Universal deal By The Associated Press, 10.01.09, 06:33 PM EDT Comcast Corp. is in talks to take a 51 percent stake in NBC Universal, which is owned by General Electric Co. NBC Universal owns the NBC network, Universal Pictures, Universal theme parks, Telemundo and [...]

GE’s Immelt: ‘Some Opportunities In Media Consolidation’

Fascinating article from PaidContent.org via Forbes.com Staci D. Kramer 11.16.08, 11:02 PM ET Jeffrey Immelt’s latest tack to convince people that NBC Universal parent General Electric is staying in the media business — talk about buying more media assets. The General Electric chairman and chief executive told the FT “There are going to be some [...]