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Is Comcast interested in buying NBC Universal?

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  • Is Comcast interested in buying NBC Universal?

    The LA Times is reporting that Comcast is "Kicking the tires" of NBC Universal.

    Comcast, which has almost 25 million subscribers, has been looking to expand its entertainment offerings for several years. In NBC Universal it would get not only a big broadcast network and movie studio, but several powerful cable channels, including USA, Syfy, CNBC, MSNBC and Bravo.
    These have been tough economic times for GE, it's just possible that they might actually bite if the price was right.

    Comcast wants content and NBC Universal has it | Company Town | Los Angeles Times
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  • #2
    Re: Is Comcast interested in buying NBC Universal?

    This would be interesting.

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    • #3
      Re: Is Comcast interested in buying NBC Universal?

      Im so thankful they were not successful in buying Disney a few years back,let them grab Universal,Ill shed no tears.

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      • #4
        Re: Is Comcast interested in buying NBC Universal?

        Reminds me of AOL's takeover of TW right before the Internet bubble burst.

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        • #5
          Re: Is Comcast interested in buying NBC Universal?

          I heard that Warner might be interested in NBC Universal as well.
          Goodbye, Me Bizarro is not Monkey Joe. Me Bizarro hates Disney parks so much. Hello

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          • #6
            Re: Is Comcast interested in buying NBC Universal?

            Comcast has been kicking the tires, so to speak. But they're interested in the content library of NBC Universal more than any other part of the pie- If they did make an offer, I wouldn't be surprised to see them acquire NBC Universal, then sell the parks to Blackstone.
            See more of my horrible photos (and a few good ones) at my Flickr photostream

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            • #7
              Re: Is Comcast interested in buying NBC Universal?

              GE, Comcast agree on NBC Universal valuation

              GE, Comcast agree on NBC Universal valuation: source | Deals | Reuters

              General Electric Co. and Comcast Corp have agreed on a valuation of around $30 billion for a joint venture between NBC Universal and Comcast, ironing out what has been a key obstacle in talks so far, a source familiar with the matter said on Sunday.

              The resolution of that issue brings the parties one step closer to an agreement, but French media conglomerate Vivendi, which owns 20 percent of NBC Universal, has not yet agreed to a deal, the source said.

              The source spoke on condition of anonymity because details of the discussions have not been made public.

              GE, which owns 80 percent of NBC Universal, declined comment, as did Comcast. Vivendi was not immediately available for comment.

              The two sides have been in talks to reach a deal that would give Comcast a 51-percent stake in the NBC Universal venture.

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              • #8
                Re: Is Comcast interested in buying NBC Universal?

                IAAPA sent out a link to this post in their email newsletter this morning:

                Will Comcast keep Universal parks? -- OrlandoSentinel.com

                Looks like speculation is leaning towards the media giant hanging onto the parks for the time being.
                I worked at Walt Disney World as a member of the Disney College Program in Spring 2008 and Summer 2010. Now, I build software, design live events, and frequently make the short trek from Costa Mesa to Disneyland with my Annual Passport in hand.

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