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Comcast buys NBCUniversal... owns half of cable programing.
DeathscytheX posted a article in News Column
Last year Comcast Corporation purchased 51% of NBC Universal, today they have purchased the rest of it from GE for $16.7 Billion. Comcast will also own a 31% stake in Hulu to go along with the huge acquisitions under the NBCU umbrella like SyFy, USA, Bravo, and E!. One has to question how this is even legal for a cable company to own major programing networks, and how it could affect their competitors. Here is a full list of NBCUniversal divisions: NBC News Chiller CNBC MSNBC iVillage Mun2 Cloo G4 (Esquire) NBC Sports Universal Pictures Universal Parks & Resorts E! SyFy Telemundo Bravo DailyCandy Golf Channel Sprout Oxygen USA Fandango The Weather Channel Focus Features UPC Style For more Info on this story check the link below: Comcast to Acquire General Electric's 49% Common Equity Ownership Interest in NBCUniversal Comcast Will Buy the Other 49-Percent of NBCUniversal for $16.7 Billion -
Last year Comcast Corporation purchased 51% of NBC Universal, today they have purchased the rest of it from GE for $16.7 Billion. Comcast will also own a 31% stake in Hulu to go along with the huge acquisitions under the NBCU umbrella like SyFy, USA, Bravo, and E!. One has to question how this is even legal for a cable company to own major programing networks, and how it could affect their competitors. Here is a full list of NBCUniversal divisions: NBC News Chiller CNBC MSNBC iVillage Mun2 Cloo G4 (Esquire) NBC Sports Universal Pictures Universal Parks & Resorts E! SyFy Telemundo Bravo DailyCandy Golf Channel Sprout Oxygen USA Fandango The Weather Channel Focus Features UPC Style For more Info on this story check the link below: Comcast to Acquire General Electric's 49% Common Equity Ownership Interest in NBCUniversal Comcast Will Buy the Other 49-Percent of NBCUniversal for $16.7 Billion Click here to view the article