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.)

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