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Acquisition Of NBCUniversal By Comcast
The acquisition of NBCUniversal by Comcast was announced on December 3, 2009, and was completed on March 19, 2013. The acquisition of NBCUniversal by Comcast included the Universal Pictures film and television studio, the National Broadcasting Company (NBC), Universal Studio Group, NBCUniversal Television and Streaming, NBCUniversal News Group, Universal Brand Development, Universal Parks & Resorts and a 70% stake in Fandango Media. The planned acquisition was subject to scrutiny from activists and government officials; their concerns primarily surrounded the potential effects of the vertical integration that the acquisition could create, as Comcast is also heavily involved in cable television and Cable Internet access, internet services in many media markets. The deal went through, resulting in Comcast owning 51% of the company until March 2013, when General Electric (GE) divested its stake to give Comcast sole ownership. Comcast and mass media corporation NBCUniversal is headquar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Comcast
Comcast Corporation (formerly known as American Cable Systems and Comcast Holdings),Before the AT&T merger in 2001, the parent company was Comcast Holdings Corporation. Comcast Holdings Corporation now refers to a subsidiary of Comcast Corporation, not the parent company (seeBloomberg profile on Comcast Holdings Corporation. Technically, the current parent company was founded December 7, 2001 as CAB Holdings Corporation, which changed its name to AT&T Comcast Corporation before finally taking on the Comcast Corporation name (seeNov 2002 8K/A Form anNov 2002 S-4) headquartered in Philadelphia, is the largest American multinational telecommunications conglomerate. It is the second-largest broadcasting and cable television company in the world by revenue (behind AT&T), the largest pay-TV company, the largest cable TV company and largest home Internet service provider in the United States, and the nation's third-largest home telephone service provider. It provides services to U.S. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
