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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 ...
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. Under the agreement, NBC Universal would be controlled with a 51% stake by Comcast and GE would retain the remaining 49%.
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 sale and resulting merger formed NBC Universal. The new company was 80% owned by GE, and 20% owned by Vivendi. 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 General.
CaribVision Inc. Caribbean Media Corporation (CMC) CaribVision is a 24/7 English language Caribbean cable-TV channel based in Barbados, with affiliate studios in the United States. DFH Network. DFH Network Inc. Turkish Pay-TV service based in Santa Ana, California comprising 7 channels.
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 was completed on November 20, 2007. NBC Universal's cable division announced at an industry upfront presentation on April 23, 2008, that the channel would rebrand and unveil a new logo on June 17, 2008; in the months since the sale the Oh! heading was dropped from the channel's visual branding. The logo premiered one week early on June ...
USA Network (or simply USA) is an American basic cable television channel owned by the NBCUniversal Media Group division of Comcast 's NBCUniversal. It was originally launched in 1977 as Madison Square Garden Sports Network, one of the first national sports cable television channels. It was relaunched under its current name on April 9, 1980 ...
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