Comcast NBC Merger
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Comcast NBC Merger
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 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 headquartered in New York City ...
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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. ...
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Hostile Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recom ...
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WarnerMedia
Warner Media, LLC ( traded as WarnerMedia) was an American multinational mass media and entertainment conglomerate. It was headquartered at the 30 Hudson Yards complex in New York City, United States. It was originally established in 1972 by Steve Ross as Warner Communications, and Time Warner was created in 1990, following a merger between Time Inc. and the original Warner Communications. The company has film, television and cable operations, with its assets including WarnerMedia Studios & Networks (consisting of the entertainment assets of Turner Broadcasting, HBO, and Cinemax as well as Warner Bros., which itself consists of the film, animation, television studios, the company's home entertainment division and Studio Distribution Services, its joint venture with Universal Pictures Home Entertainment, DC Comics, New Line Cinema, and, together with CBS Entertainment Group, through its Warner Bros. Entertainment subsidiary, a 50% interest in The CW television network); WarnerM ...
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News Corporation (1980–2013)
News Corporation (abbreviated News Corp.), also variously known as News Corporation Limited, was an American multinational mass media corporation controlled by media mogul Rupert Murdoch and headquartered at 1211 Avenue of the Americas in New York City. Prior to its split in 2013, it was the world's largest media company in terms of total assets and the world's fourth largest media group in terms of revenue, and News Corporation had become a media powerhouse since its inception, dominating the news, television, film, and print industries. News Corporation was a publicly traded company listed on NASDAQ. Formerly incorporated in Adelaide, South Australia, the company was re-incorporated under Delaware General Corporation Law after a majority of shareholders approved the move on November 12, 2004. News Corporation was headquartered at 1211 Avenue of the Americas, New York, in the newer 1960s–1970s corridor of the Rockefeller Center complex. On June 28, 2012, after concerns f ...
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Metro-Goldwyn-Mayer
Metro-Goldwyn-Mayer Studios Inc., also known as Metro-Goldwyn-Mayer Pictures and abbreviated as MGM, is an American film, television production, distribution and media company owned by amazon (company), Amazon through MGM Holdings, founded on April 17, 1924 and based in Beverly Hills, California. MGM was formed by Marcus Loew by combining Metro Pictures, Goldwyn Pictures, and Louis B. Mayer Productions, Louis B. Mayer Pictures into one company. It hired a number of well known actors as contract players—its slogan was "more stars than there are in heaven"—and soon became Hollywood's most prestigious film studio, producing popular musical films and winning many Academy Awards. MGM also owned film studios, movie lots, movie theaters and technical production facilities. Its most prosperous era, from 1926 to 1959, was bracketed by two productions of ''Ben-Hur (1959 film), Ben Hur''. After that, it divested itself of the Loews movie theater chain, and, in the 1960s, diversified ...
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Regional Sports Network
In the United States and Canada, a regional sports network (RSN) is a cable television channel (many of which are also distributed on direct broadcast satellite services) that presents sports programming to a local market or geographical region. Historically, some RSNs originated as premium channels; since the 1990s, however, they have commonly been distributed through the expanded basic-programming tiers of cable and IPTV services, packaged alongside other national basic cable networks, and local broadcast stations and public, educational, and government access channels. Satellite providers often require subscribers to purchase a higher programming tier or a specialized sports tier to receive local and out-of-market regional sports networks. Overview The most important programming on a regional sports network (RSN) consists of live broadcasts of professional and collegiate sporting events, as those games generate an overwhelming percentage of an RSN's advertising income, in a ...
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Comcast SportsNet
NBC Sports Regional Networks is the collective name for a group of regional sports networks in the United States that are primarily owned and operated by the NBCUniversal division of the cable television company Comcast. The networks were originally established as Comcast SportsNet (CSN), a unit of Comcast's cable television business, beginning with a network in Philadelphia which launched in 1997. Their operations were aligned with the national NBC Sports division following the 2011 acquisition of NBC Universal by Comcast. NBC Sports Regional Networks' business and master control operations are based in Englewood Cliffs, NJ. The group operates seven regional networks; Comcast also has a partial ownership interest in SportsNet New York, which is co-owned with Charter Communications and the New York Mets. Each of the networks carries regional broadcasts of sporting events from various professional, collegiate and high school sports teams (with broadcasts typically exclusive to ea ...
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USA Network
USA Network (simply USA) is an American basic cable television channel owned by the NBCUniversal Television and Streaming division of Comcast's NBCUniversal through NBCUniversal Cable Entertainment. It was originally launched in 1977 as Madison Square Garden Sports Network, one of the first national sports cable television channels, before being relaunched under its current name on April 9, 1980. Since then, USA steadily gained popularity through its original programming, a long-established partnership with WWE and, for many years, limited sports programming that increased significantly in 2022 after the shutdown of NBCSN. As of September 2018, USA Network is commercially available to about 90.4 million households (98% of households with pay television) in the US. History Madison Square Garden Sports Network (1977–1980) USA Network originally launched on September 22, 1977, as the Madison Square Garden Sports Network (not to be confused with the New York City-area regional ...
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Syfy
Syfy (formerly Sci-Fi Channel, later shortened to Sci Fi; stylized as SYFY) is an American basic cable channel owned by the NBCUniversal Television and Streaming division of Comcast's NBCUniversal through NBCUniversal Cable Entertainment. Launched on September 24, 1992, the channel broadcasts programming relating to the science fiction, horror, and fantasy genres. As of January 2016, Syfy is available to 92.4 million households in America. History In 1989, in Boca Raton, Florida, communications attorneys and cable TV entrepreneurs Mitchell Rubenstein and his wife and business partner Laurie Silvers devised the concept for the Sci-Fi Channel, and signed up 8 of the top 10 cable TV operators as well as licensing exclusive rights to the British TV series ''Doctor Who'' (which shifted over from PBS to Sci-Fi Channel), ''Dark Shadows'', and the cult series ''The Prisoner''. In 1992, the channel was sold by Rubenstein and Silvers to USA Networks, then a joint venture between Para ...
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MSNBC
MSNBC (originally the Microsoft National Broadcasting Company) is an American news-based pay television cable channel. It is owned by NBCUniversala subsidiary of Comcast. Headquartered in New York City, it provides news coverage and political commentary. As of September 2018, approximately 87 million households in the United States (90.7 percent of pay television subscribers) were receiving MSNBC. In 2019, MSNBC ranked second among basic cable networks averaging 1.8 million viewers, behind rival Fox News, averaging 2.5 million viewers. MSNBC and its website were founded in 1996 under a partnership between Microsoft and General Electric's NBC unit, hence the network's naming. Microsoft divested itself of its stakes in the MSNBC channel in 2005 and its stakes in msnbc.com in July 2012. The general news site was rebranded as NBCNews.com, and a new msnbc.com was created as the online home of the cable channel. In the late summer of 2015, MSNBC revamped its programming by entering ...
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NBC Universal
The National Broadcasting Company (NBC) is an American English-language commercial broadcast television and radio network. The flagship property of the NBC Entertainment division of NBCUniversal, a division of Comcast, its headquarters are located at Comcast Building in New York City. The company also has offices in Los Angeles at 10 Universal City Plaza and Chicago at the NBC Tower. NBC is the oldest of the traditional "Big Three" American television networks, having been formed in 1926 by the Radio Corporation of America. NBC is sometimes referred to as the "Peacock Network," in reference to its stylized peacock logo, introduced in 1956 to promote the company's innovations in early color broadcasting. NBC has twelve owned-and-operated stations and nearly 200 affiliates throughout the United States and its territories, some of which are also available in Canada and Mexico via pay-television providers or in border areas over the air. NBC also maintains brand licensing agr ...
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Vivendi
Vivendi SE is a French mass media holding company headquartered in Paris. Widely known as the owner of Gameloft, Groupe Canal+, Havas, Editis, Prisma Media, Vivendi Village and Dailymotion, the company has activities in television, film, video game, book publishing, print press, communication, Ticket (admission), tickets and video hosting services. Bolloré is the largest shareholder at approximately 30% of the company. Vivendi's chairman Yannick Bolloré is also CEO of Havas, which was spun-off from Vivendi in 2000 but has since become a subsidiary. History Origins On 14 December 1853, a water company named Compagnie Générale des Eaux (CGE) was created by an imperial decree of Napoleon III. In 1854, CGE obtained a concession in order to supply water to the public in Lyon, serving in that capacity for over a hundred years. In 1861, it obtained a 50-year concession with the Paris, City of Paris. CGE also supplied water to Nantes, Venice (from 1880), Istanbul, Constantinop ...
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