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October 15, 2008 6:24:46 PM CDT


Stories related to: Weather Channel

Stories

2 Stories

  • July 2008
    • Weather Channel Sells for $3.5B

      Weather Channel Sells for $3.5B

      (Newser) - NBC is heading an investor group that will buy the Weather Channel for nearly $3.5 billion—well below the $5 billion Landmark Communications was expecting when it put the iconic cable channel up for sale in January. The group, which includes private equity firms Bain Capital and the Blackstone Group, outlasted Time Warner, which dropped out of the bidding 3 weeks ago, reports the New York Times. More »

      Tags

      acquisitions   cable TV   Time Warner   Blackstone Group   NBC Universal   Bain Capital   Weather Channel   Landmark Communications

  • January 2008
    • Forecast Sunny Indeed for Weather Channel Sale

      Forecast Sunny Indeed for Weather Channel Sale

      (Newser) - Some big companies are taking an interest in the newly for-sale Weather Channel, one of the last privately owned cable channels. NBC, News Corporation and Comcast are rumored to be eying the popular source of meteorology one prospective buyer dubbed "beachfront property" on the basic-cable landscape. The channel could go for $5 billion, the New York Times reports. More »

      Tags

      NBC   News Corp   Comcast   Weather Channel   Landmark Communications

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