Comcast Plans to Announce NBC Deal Tomorrow

Joint venture would have $51B in assets
By Nick McMaster,  Newser Staff
Posted Dec 2, 2009 3:19 PM CST
Comcast Plans to Announce NBC Deal Tomorrow
The NBC logo at its headquarters in New York.   (AP Photo/Bebeto Matthews)

Comcast is set to announce its acquisition of NBC Universal tomorrow. The deal with GE will make Comcast an entertainment behemoth, with a big stake in the cable, TV, and movie industries. Combined assets of the venture would have been $51 billion last year, the Wall Street Journal reports. Anti-trust regulators must approve the deal before it goes into effect. (Read more General Electric stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X