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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 ...
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.
[134] [135] [136] GE would take over the remaining 49% stake in NBC Universal, using $5.8 billion to buy out Vivendi's 20% minority stake in NBC Universal. [135] On January 18, 2011, the FCC approved the deal by a vote of 4 to 1. [137] [138] The transaction was completed on January 28, 2011.
He began his career at NBC in 2004 and quickly moved up the ranks. From 2006 to 2020, he served Todd Whiting, Longtime NBCUniversal and Peacock Executive, Dies at 45
Universal Studio Group has promoted Jonder Ho to senior vice president of business affairs. In his new role, Ho will negotiate writer, actor, director and other above-the-line deals for the studio ...
NBCUniversal News Group is the news division of NBCUniversal, composed of the NBC News, CNBC and MSNBC units, that was created on July 19, 2012, under chairwoman Pat Fili-Krushel. [68] In April 2015, Andrew Lack took over as CEO of the group, with CNBC being moved to a direct unit reporting to NBCUniversal CEO.
The sale and resulting merger formed NBC Universal. The new company was 80% owned by GE, and 20% owned by Vivendi. [34] The television divisions of NBC and Universal Television were combined to form NBC Universal Television. In 2006, NBC Universal sold four of its smaller-market owned-and-operated stations (WVTM, WNCN, WCMH, and WJAR) to Media ...
Television production made up much of the studio's output, with Universal heavily committed, in particular, to deals with NBC (which much later merged with Universal to form NBC Universal; see below) providing up to half of all prime time shows for several seasons. An innovation during this period championed by Universal was the made-for ...