Saturday, October 3, 2009

Comcast Considers Buying a Portion of NBC Universal

Comcast is considering buying up to 51% of NBC Universal. They along with General Electric, the current owner of NBC, want to create a separate company that includes NBC and some of the cable networks that Comcast owns. They would then jointly own that company. Some legal issues could come up with the FCC over having a large cable presence and owning the local NBC station in the same city, as NBC does in some areas. Other legal issues could come up.

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