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Acquisition of NBC Universal by Comcast The logo of Comcast from late 2006 to 2013 NBCUniversal logo since 2011 Alternate NBCUniversal logo, created after the company's takeover and featuring Comcast's updated NBC peacock logo to promote its ownership Initiator Comcast Target NBC Universal from GE Type Majority stake (until March 2013) Full acquisition (from March 2013) Cost US$ 13.75 billion ...
QVC: Comcast sold its majority stake to Liberty Media in 2003; Speed Channel: joint venture with Cox Communications and Fox Entertainment Group; Fox acquired Comcast and Cox's stakes in 2001; Time Warner Entertainment (26%, with Time Warner Inc.): Comcast sold its 26% stake to Time Warner Inc. (now Warner Bros. Discovery) in 2003.
The multi-year deal includes renewal of Comcast-owned NBCUniversal's portfolio of networks, including broadcast, entertainment and sports, the companies said on Wednesday, without disclosing the ...
NBC Owned Television Stations (formerly NBC Local Media and NBC Television Stations Division (TVSD) [4]) is the division of NBCUniversal Owned TV Stations (NBCUniversal), a subsidiary of Comcast that oversees the NBC owned-and-operated television stations, Cozi TV network, LXTV and Skycastle Entertainment, its in-house marketing and promotion company.
Comcast Corp's (NASDAQ: CMCSA) NBCUniversal is nearing a plan that could drastically change its partnership with The Walt Disney Co's (NYSE: DIS) Hulu, the Wall Street Journal reports.
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.
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%.
NBCUniversal expects to complete an 11-year rights deal that will bring the NBA to NBC and Peacock and that will transform the schedule of the broadcast network. “Soon we will have an 11-year ...