In NBC Universal Bid, Comcast Seeks an Empire

Thursday, October 8, 2009

By Laura Reid

Comcast is currently in negotiations with G.E. to merge with NBC Universal. G.E. is currently the main owner of NBC, but if all goes accordingly with Comcast and its owner Brian L. Roberts, 51 percent of NBC will be owned by him.

Comcast is already one of the biggest owners of cable systems in the country, but with this merger, it could also own USA, BRAVO, CNBC and MSNBC, four major cable networks, not to mention the huge network broadcaster NBC.

If all goes to plan, Comcast will also inherit NBC's Web's premiere TV streaming site, Hulu, which will put Comcast into the digital media realm.

There is a trend that I am seeing among huge networks and the Web. The latest among these digital media broadcasts is CBS merging with GlobalPost, an online foreign news correspondant that boasts a great number of viewers. This is a great time for smaller media conglomerates to enter the market for broadcast network ownership because of this revamping of how people are beginning to view the news.




(Photo Credit: Abigail Hamilton)

1 comments:

Ryan Franker October 11, 2009 at 9:08 PM  

It would be great to have these companies merge together because it would open up a lot more opportunities for both companies. This could open up more jobs as well. Companies seem to be merging a lot more since the economic crisis.

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