Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Hot on Facebook

'Serpent Pastor' Dies of Snake Bite Mack Wolford believed faith compelled him to face the risk »

Comcast Near $35B Deal for NBC Universal

Cable giant has been in talks with owner of network for weeks

By Will McCahill, Newser Staff

Posted Sep 30, 2009 9:01 PM CDT

(Newser) – Comcast is near a $35 billion deal to acquire NBC Universal, which encompasses the network, a movie studio, cable channels and more, sources tell the Wrap. Bankers from the cable giant and General Electric, NBCU’s parent company, met Tuesday after Comcast decided to think... Read full story »

COMMENTS

Read the comment policy

You need to Log in to Newser to comment. Don't have an account yet? Sign up now!

8 comments

A snapshot of the day's best news stories.

View Larger Grid

All Today Yesterday Pick a Date

What's Popular Now on Facebook

'Serpent Pastor' Dies of Snake Bite

Miami Face-Eater Identified

The Wrap (Source Grid »)

Money • Entertainment • Media

entertainment • Comcast • cable TV • NBC Universal • mergers and acquisitions • General Electric • Vivendi • TV networks • movie studio

More Newser Stories

Comcast's NBC Deal Gets Help With GE-Vivendi Pact

French outfit will sell Universal stake for $5.8B

(NEWSER) - Comcast’s acquisition of NBC Universal got a little closer to reality tonight with news that NBC’s parent company, General Electric, has a deal to buy the 20% of NBCU owned by France’s Vivendi—a stake that threatened to torpedo the sale to Comcast. GE would pay $5.8 billion under the tentative pact, giving it 100% of NBCU—but that figure values NBCU at $29 billion, not the $30 billion Comcast agreed to pay GE. More»

FCC Honcho: Comcast Can Only Buy NBC if It Shares

Commission aims to block media stranglehold

(NEWSER) - Comcast should only be able to go through with its plans to buy NBC Universal if it's willing to share the media giant’s content with its competitors, according to Julius Genachowski. The FCC chairman gave his conditional approval for the merger last week, proposing a set of rules that would force Comcast to allow rival cable providers and satellite TV companies access to NBC’s content at a reasonable price. More»

Comcast Plans to Announce NBC Deal Tomorrow

Joint venture would have $51B in assets

(NEWSER) - Comcast is set to announce its acquisition of NBC Universal tomorrow. The deal with GE will make Comcast an entertainment behemoth, with a big stake in the cable, TV, and movie industries. Combined assets of the venture would have been $51 billion last year, the Wall Street Journal reports. Anti-trust regulators must approve the deal before it goes into effect. More»

Comcast Weighs Charging Viewers for Hulu

Cable giant no fan of free site, and could soon own NBC's part of it

(NEWSER) - Comcast is no fan of Hulu's business model, and the cable giant could soon own a stake in the site—which means trouble for fans of using it to watch TV shows free. Comcast is in talks with NBC to pool their entertainment offerings in a joint venture that would include NBC’s various channels along with 30% of Hulu, the Los Angeles Times explains. Comcast would control the new company, and analysts think it would push Hulu to change. More»

NEWS FROM OUR PARTNERS

What is Newser?

Face it: there's too much news. At Newser, we choose the most thought-provoking and entertaining stories from hundreds of US and international sources and reduce them to a headline, picture, and two paragraphs. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »

Partnering with: Slate

View Newser on the mobile website

Comcast Near $35B Deal for NBC Universal

Cable giant has been in talks with owner of network for weeks

entertainment • Comcast • cable TV • NBC Universal • mergers and acquisitions • General Electric • Vivendi • TV networks • movie studio

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

Comcast's NBC Deal Gets Help With GE-Vivendi Pact

French outfit will sell Universal stake for $5.8B

FCC Honcho: Comcast Can Only Buy NBC if It Shares

Commission aims to block media stranglehold

Comcast Plans to Announce NBC Deal Tomorrow

Joint venture would have $51B in assets

Comcast Weighs Charging Viewers for Hulu

Cable giant no fan of free site, and could soon own NBC's part of it

About Us

Site

Community

Site Maps

Tools

More News

What is Newser?