The Telegraph (Free subscription) | 6 hours ago
General Electric and Comcast are understood to have agreed to value the pair's proposed entertainment joint venture at 30bn £18bn with a final deal possible within the next two weeks.
Reuters UK (Free subscription) | yesterday
* GE, Comcast agree on valuation of around $30 bln-source
FT.com (Free subscription) | yesterday
The top US cable operator may seal a deal to buy a controlling stake in NBC Universal from General Electric, creating one of America's largest media companies
PC Mag (Free subscription) | yesterday
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.
Advertising Age - MediaWorks (Free subscription) | 09/11/2009
NEW YORK (AdAge.com) -- Comcast Corp. is looking to take a 51% stake in NBC Universal, surely a sign of the durability of cable networks, since NBCU owns a bunch of top-tier ones. But there's more going on here: It's also a calculated move to seize the reins in shaping future TV-viewer behavior and a bid to assume the lead in figuring out how to advertise to the new-media consumer.
The New Mexico Business Weekly (Free subscription) | yesterday
General Electric Co. and Comcast Corp. have agreed on a $30 billion valuation of NBC Universal, according to a Reuters report.
L. A. Times Dodgers Blog (Free subscription) | yesterday
The takeover of General Electric Co.'s NBC Universal by cable giant Comcast Corp. is expected to be announced very soon, and already public interest groups are lining up to do battle in D.C. against the deal.
The Street (Free subscription) | yesterday
General Electric and Comcast have agreed to value NBC Universal at around $30 billion, clearing an obstacle to giving Comcast control of NBC, reports say.
Wall Street Pit (Free subscription) | yesterday
After weeks of working on a deal to spin off GE’s NBC Universal [NBCU], General Electric (GE) and Comcast Corp. (CMCSA) have finally agreed to value GE’s media and entertainment arm, which has hit tough times alongside the rest of the media sector, at about $30 billion - including $9...
Paidcontent (Free subscription) | yesterday
When Scripps Networks Interactive execs finally met with analysts Friday, CEO Ken Lowe called the acquisition of a majority stake the Travel Channel the worst-kept secret in M&A. Sorry, Ken, that distinction belongs to a deal being played out in the press with leaks that might better be termed gushers: the proposed joint venture between Comcast ( NSDQ: CMCSA ) and General Electric that would give...
Oliver Willis (Free subscription) | yesterday
I’m inclined to think that Comcast shouldn’t be allowed to effectively buy NBC, but I certainly think that it’s a big test of the Obama administration’s FCC in regards to what they will demand the companies divest to make the deal go through. We’ve got way too much consolidated media as is (much of it [...]
News America Now (Free subscription) | yesterday
“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.” Link
MSNBC.com: Television (Free subscription) | yesterday
General Electric Co. and Comcast Corp have agreed on a valuation of around $30 billion for NBC Universal.
Digital Media Wire (Free subscription) | 5 hours ago
New York - Comcast (NASD: CMCSA) , the nation's largest cable TV provider, has agreed with General Electric (NYSE: GE) on a valuation of $30 billion for NBC Universal, the film and television company it is seeking to acquire, The Wall Street Journal reported, citing people familiar with the matter. The sources told The Journal that the two companies "are now ironing out the final details of an...
SeekingAlpha.com (Free subscription) | yesterday
Diane Mermigas submits: Don’t be surprised if Comcast ( CMCSA ) arranges to sell the NBC broadcast network and its TV stations to a third part,y after announcing plans to buy controlling ownership of NBC Universal as early as next week . Potential buyers for the NBC TV network and its 10 owned TV stations (in the top 25 markets) could include major NBC affiliated television groups owners such...
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