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When did Comcast purchase NBCUniversal?

When did Comcast purchase NBCUniversal?

2011
In 2011 Comcast acquired a 51 percent stake of NBCUniversal from GE; two years later Comcast bought the remaining shares.

Is NBCUniversal part of Comcast?

Comcast Corporation, one of the nation’s leading providers of entertainment, information and communications products and services, is the owner of NBCUniversal, which owns and operates entertainment and news cable networks, the NBC and Telemundo broadcast networks, local television station groups, television production …

Does Comcast own Universal Studios?

Comcast Corporation owns a controlling 51% interest in NBCUniversal, with GE holding a 49% stake. About Universal Orlando: Universal Orlando features two theme parks, Universal Studios and Islands of Adventure, and an entertainment complex called Universal CityWalk. For more information, visit universalorlando.com.

Is Jeff Shell married?

Personal life. Shell is married to Laura Fay Shell. Laura previously worked for Los Angeles County Supervisor Zev Yaroslavsky as his planning deputy until 2005. His sister is Dana Shell Smith.

Who is the parent company of NBC?

Comcast
NBCUniversal
NBC/Parent organizations
(NBC), major American commercial broadcasting company, since 2004 the television component of NBCUniversal, which is owned by the Comcast Corporation.

How much did Comcast pay for NBC Universal?

On December 3, 2009, Comcast announced its intent to acquire a 51% majority stake in NBC Universal; the deal would be structured as sale of Vivendi’s stake in the company to GE for $5.8 billion, followed by Comcast paying $6.5 billion for a stake of NBC Universal, and contributing its existing media properties to the …

Is NBC affiliated with Universal?

The company is named for its two most significant divisions, the National Broadcasting Company (NBC) – one of the United States’ Big Three television networks – and the major Hollywood film studio Universal Pictures. Since 2013, the company has been wholly owned by Comcast, which bought GE’s ownership stake.

Who is the parent company of Xfinity?

Comcast
Xfinity/Parent organizations

Is Comcast the worst company in America?

Consumer affairs blog The Consumerist named Comcast “Worst Company in America” in 2010 and 2014. The 2015 ACSI survey placed Comcast at or close to the bottom of primary company rankings in TV, Internet, and phone service.

Who is the owner of NBC?

The National Broadcasting Company (NBC) is an American English-language commercial broadcast television and radio network owned by Comcast.

What is NBC worth?

The deal, as a whole, valued NBC Universal at $30 billion.

Is NBC owned by Disney?

They own everything from NBC to Telemundo to Syfy. One of the other companies that own everything is Time Warner Inc., which owns HBO, Warner Bros., the CW, DC Comics, and AOL among other properties. It’s important to remember that Disney isn’t the only huge media conglomerate around!

When did Comcast buy a stake in NBCUniversal?

Comcast ( CMCSA ) surprised investors with a deal to buy a remaining 49% stake in NBCUniversal, a joint venture with General Electric ( GE ) first announced in 2009.

Who was the CEO of NBC before Comcast?

CEO Jeffrey Zucker had led NBC Universal up until the merger, who was then replaced by Stephen Burke when the merger was finalized. Before Comcast bought 51% of NBC Universal, the company was 80% owned by General Electric and 20% owned by Vivendi Universal.

Who is the current CEO of NBC Universal?

On January 28, 2011, Comcast Corporation succeeded in acquiring a controlling 51% stake in NBC Universal, Inc. (“NBC Universal”) and obtaining control over the studio conglomerate to form NBCUniversal, LLC (“NBCUniversal”). Previously managed by The General Electric Company, NBCUniversal is now headed by Comcast COO Stephen Burke.

What kind of businesses does NBCUniversal have?

NBCUniversal NBCUniversal owns and operates a valuable portfolio of news and entertainment television networks, a premier motion picture company, significant television production operations, a leading television stations group, world-renowned theme parks, and a suite of leading Internet-based businesses.