Acquisition of NBC Universal by Comcast
Business transaction held from 2009 to 2013
Acquisition of NBC Universal by Comcast
On December 3, 2009, telecommunications company Comcast announced its intent to acquire mass media company NBC Universal from General Electric (GE). The 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 on January 28, 2011, resulting in Comcast owning 51% of the company until March 19, 2013, when GE divested its stake to give Comcast sole ownership. Through this acquisition, Comcast gained ownership of the National Broadcasting Company (NBC), the film studio Universal Pictures, cable channel (Bravo), and Universal Parks & Resorts, among other assets owned by NBC Universal. It has also integrated its own cable channels – including Versus – into NBC Universal. As a result of the acquisition, NBC Universal slightly changed...
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