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Author Topic: FCC approves Comcast's purchase of NBC  (Read 1430 times)

Offline TWCToday

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FCC approves Comcast's purchase of NBC
« on: January 18, 2011, 03:28:20 PM »
Quote
COMCAST AND GE RECEIVE REGULATORY CLEARANCE FOR
NBC UNIVERSAL TRANSACTION

PHILADELPHIA, PA, AND FAIRFIELD, CT – January 18, 2011 – Comcast (Nasdaq: CMCSA, CMCSK) and General Electric (NYSE: GE) announced today that they have received regulatory clearance from the Federal Communications Commission (FCC) and the Department of Justice for the joint venture that will consist of the NBC Universal businesses and Comcast's cable networks, regional sports networks and certain digital properties. The joint venture will be 51 percent owned by Comcast, 49 percent owned by GE and managed by Comcast. The transaction is expected to be completed by the end of January.
I doubt this changes much
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Offline Localonthe8s

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Re: FCC approves Comcast's purchase of NBC
« Reply #1 on: January 18, 2011, 03:53:27 PM »
I don't think we'll see any changes TWC wise either
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Offline TWCmatthew

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Re: FCC approves Comcast's purchase of NBC
« Reply #2 on: January 18, 2011, 04:53:16 PM »
So basically, Comcast owns TWC.

Comcast must have money, if TWC costed $3 Billion, imagine how much NBC as a whole, (or part), costs...

I wonder if Comcast will want to change the current NBC logo, because NBC has had that logo since the early or mid 80's. (Not that I want them to, though.)
« Last Edit: January 18, 2011, 05:22:21 PM by TWCmatthew »
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Offline toxictwister00

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Re: FCC approves Comcast's purchase of NBC
« Reply #3 on: January 18, 2011, 05:20:37 PM »
Can somebody in a nutshell explain to me why Comcast has any interest in wanting to have partial ownership of NBC in the first place? :dunno:
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Offline Eric

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Re: FCC approves Comcast's purchase of NBC
« Reply #4 on: January 18, 2011, 05:28:07 PM »
Maybe this will speed up the implimentation of the IS2, at least at Comcast headends?

Still, I doubt it. :huh:
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Offline Mike M

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Re: FCC approves Comcast's purchase of NBC
« Reply #5 on: January 18, 2011, 06:58:46 PM »
Quote from: TWCmatthew on January 18, 2011, 04:53:16 PM
Comcast must have money, if TWC costed $3 Billion, imagine how much NBC as a whole, (or part), costs...
Comcast is a monopoly. Hell, they could buy the entire world if it were for sale. :yes:
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