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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 ...
In the summer of 2008, NBC Universal, Blackstone Group and Bain Capital announced their intentions to buy The Weather Channel from Landmark Communications. The deal closed on September 12, 2008. Shortly after the acquisition completed, NBC announced that their existing TV weather network, NBC Weather Plus, would be shut down by December 31, 2008.
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.
NBCUniversal News Group is the news division of NBCUniversal, composed of the NBC News, CNBC and MSNBC units, that was created on July 19, 2012, under chairwoman Pat Fili-Krushel. [68] In April 2015, Andrew Lack took over as CEO of the group, with CNBC being moved to a direct unit reporting to NBCUniversal CEO.
As the result of the acquisition of NBC Universal by Comcast in February 2011, the operations of CSN, along with sister national sports networks Versus and Golf Channel, were integrated into the NBC Sports division. CSN adopted the new NBC Sports branding that was launched in January 2012 alongside the relaunch of Versus as NBC Sports Network.
Comcast, the nation's largest cable company, and General Electric, the giant industrial conglomerate, are finalizing an agreement that would create a new media titan anchored by NBC Universal. The ...
Comcast Network (2009–2017) The Comcast Network ( TCN) was an American cable television network which was carried mostly on Comcast and Xfinity cable systems in four states and 20 television markets in the Eastern U.S. from New Jersey to Virginia. The main focus of the network was on the Philadelphia area, although the channel attempted to ...
The channel initially operated as a cable network; in 2022, Oxygen began to also operate as a digital multicast television network on subchannels of NBC Owned Television Stations. As of November 2023 [update] , Oxygen is available to approximately 59,000,000 pay television households in the United States-down from its 2012 peak of 80,000,000 ...
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