View Single Post
Old December 1st, 2009 #10
Mike Parker
Senior Member
 
Join Date: Jul 2007
Posts: 3,311
Default

[Jews to get majority ownership of NBC.]

General Electric set to buy Vivendi's NBC Universal stake

Sale of Vivendi shares could lead to $30bn joint venture deal between General Electric and US cable giant Comcast

Jason Deans and agencies guardian.co.uk, Tuesday 1 December 2009

The French conglomerate Vivendi has reportedly agreed to sell its 20% stake in the US media company NBC Universal to NBC's majority shareholder, General Electric, for $5.8m (£3.5bn).

The deal paves the way for GE, which owns the other 80% of NBC Universal, and the US cable giant Comcast to push ahead with a proposed $30bn joint venture that would create one of the world's largest media and entertainment companies.

Under the proposed deal, GE would sell 51% of NBC Universal, creating a company encompassing the NBC network, cable channels including Bravo and CNBC, the Universal film studio and theme parks, and Comcast's extensive US cable TV, phone and broadband network.

NBC Universal was created in 2004 through the merger of NBC and Vivendi Universal. Vivendi, GE and Comcast declined to comment.

http://www.guardian.co.uk/media/2009...endi-nbc-share

Quote:
Brian L. Roberts, born June 28, 1959, in Philadelphia, Pennsylvania, is Chairman and CEO of Comcast, an American company providing cable, entertainment, and communications products and services.
Quote:
He was the recipient of the 2004 Humanitarian Award from the Simon Wiesenthal Center[4] and was the 2002 Walter Kaitz Foundation Honoree of the Year for his commitment to diversity in the cable industry.
Quote:
An All-American in squash, he earned a gold medal with the U.S. squash team in 2005 and silver medals at the 1981, 1985 and 1997 Maccabiah Games in Israel.
http://en.wikipedia.org/wiki/Brian_L._Roberts