NBC-U close to new owners

Chris Forrester ©RapidTVNews | 09-11-2009

Fresh reports suggest that the General Electric and cable giant Comcast have agreed that NBC-Universal is worth some $30bn. This agreement is key if a new structure is to emerge between GE, 80% owner of NBC-U, and Comcast.

The plan is for Comcast to emerge as a 51% shareholder in NBC-U, with the NBC network as the jewel in a crown studded with precious media jewels. The planed joint-venture would see GE hold 49% of the new media giant. Then, over the next 7 years or so, Comcast would increase its stake year-by year.

However, the missing link in the deal is 20% shareholder Vivendi, which according to the Wall Street Journal, has yet to agree. Nevertheless, a deal might well emerge this week.

© Rapid TV News 2009

 

NBC-Universal Pictures-Vivendi-Canal Plus-Comcast

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