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On December 3, 2009, Comcast and NBC Universal confirmed a $6.5 billion deal to merge the two companies, pending approval from the United States Department of Justice Antitrust Division; the deal would be structured as sale of Vivendi's stake in the company to GE for $5.8 billion, followed by Comcast acquiring 51% controlling stake of NBC ...
NBCUniversal was formed on May 11, 2004, beginning on November 8, 2004 as NBC Universal, Inc., with the merger of General Electric (GE)'s NBC with Vivendi Universal's film and television subsidiary Vivendi Universal Entertainment, after GE had acquired 80% of the subsidiary, giving Vivendi a 20% share of the new company.
Xfinity. Adelphia Communications Corporation: assets acquired by Time Warner Cable and Comcast in 2006. Comcast Entertainment Television (CET) Comcast Television 2 (Michigan) Commuter Cable. ExerciseTV (with Time Warner Cable, New Balance, and Jake Steinfeld) Group W Cable.
The sale and resulting merger formed NBC Universal. The new company was 80% owned by GE, and 20% owned by Vivendi. The television divisions of NBC and Universal Television were combined to form NBC Universal Television. In 2006, NBC Universal sold four of its smaller-market owned-and-operated stations (WVTM, WNCN, WCMH, and WJAR) to Media General.
Per the occasion that Versus is now the NBC Sports Network, it may be time to reorganize the groupings in the template. I note that the Comcast Sports Networks now announce that they are part of the "NBC Sports Group", which probably means all of the sports networks are now under one umbrella (as opposed to being part of the Comcast Sports Networks or the NBC Networks).
In April 2015, it was reported that the U.S. Department of Justice was preparing to file an antitrust lawsuit against Comcast and Time Warner Cable in a bid to halt the merger, arguing that the merger would reduce the level of competition in the cable television and broadband internet industries. On April 24, 2015, Comcast officially announced ...