Comcast to Purchase Remainder of GE Stake in NBCUniversal
General Electric announced Tuesday in a press release that it will sell its 49 percent stake in NBCUniversal to Comcast for $16.7 billion.... read more
Found in: Culture, NewsComcast Buys NBC Universal for $30 Billion
In a colossal merge that has been foreshadowed for months now, Comcast has finally struck a deal with NBC Universal to acquire 51 percent of the entertainment giant for a whopping $30 billion, while General Electric will maintain the other 49 percent. The purchase gives the nation’s largest cable and internet provider ownership of NBC’s TV properties, film entertainment and theme parks, along with some precious digital properties, according to TVGuide.com.... read more
Found in: TV, NewsNBC Goes Green in Prime Time...Again
Starting yesterday, NBC made its biggest push to date in its three-year long commitment to the Green is Universal initiative. The network is bringing the green theme into five of its prime time shows, right in the middle of November sweeps.... read more
Found in: TV, NewsHulu to Charge Users by 2010
Much has been lamented about the impending buyout of NBC Universal by Comcast. Among the expected consequences of this deal would be the switch at Hulu from an ad-generated business model to a subscription or fee-based service for consumers.... read more
Found in: TV, NewsIf Comcast Purchases a Majority of NBC Universal, Will Viewers Have to Pay for Hulu?
Pesky 30-second ads could be the least concern for Hulu's more than 18 million global viewers choosing to catch their shows online. Comcast is currently bidding for a majority stake in NBC Universal, an endeavor that, if proven successful, could turn free Hulu programming into a long lost luxury.... read more
Found in: Movies, News
