Comcast to Buy NBC Universal?

By DaX - 10/19/2009 8:52:36 PM


You probably weren’t expecting this but Comcast and General Electric are negotiating over NBC Universal. If everything goes well, Comcast will end up owning 51% of NBC Universal in the near future. Unfortunately things aren’t as smooth as they appear. General Electric owns 80% of NBC while the remainder 20% belongs to Vivendi for now. How and when will Comcast get the 51% it craves in order to control NBC Universal that remains to be seen. We’ll bring you all the juicy details once they are available, but one thing is certain; you will still get your favorite programs from NBC Universal.

via WSJ

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Tags: Comcast, General Electric, NBC Universal

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