Comcast, the nation's largest cable operator, has sealed a long-anticipated deal under which it will gain control of the television network NBC Universal from the conglomerate General Electric. The two companies will form a joint venture 51 percent owned by Comcast and 49 percent owned by General Electric.
December 10, 2009 at 12:00 AM
1 minute read
Comcast, the nation’s largest cable operator, has sealed a long-anticipated deal under which it will gain control of the television network NBC Universal from the conglomerate General Electric.
The two companies will form a joint venture 51 percent owned by Comcast and 49 percent owned by General Electric.
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