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Acquisition of NBC Universal by Comcast The logo of Comcast from late 2006 to 2013 NBCUniversal logo as of January 31, 2011 Alternate NBCUniversal logo, created after the company's takeover and featuring Comcast's updated NBC peacock logo to promote its ownership Initiator Comcast Target NBC Universal from GE Type Majority stake (until March 2013) Full acquisition (from March 2013) Cost US$ 13 ...
NBCUniversal was formed on May 11, 2004, as NBC Universal, Inc., when Vivendi sold 80% of Universal Pictures to the now-defunct General Electric, NBC's then-owner. [ 7 ] [ 8 ] The sale gave Vivendi a 20% stake in NBC Universal, while GE held the remaining 80%.
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock or security on a particular stock exchange. Ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) which provide a shorthand for investors to refer to, purchase, and research securities.
NBC acquires Telemundo and Bravo Studios USA assets are folded into Universal Focus Features is formed Comcast acquires AT&T Broadband for $44.5 billion: 2003: Universal becomes the first studio with five summer releases breaking the $100 million mark: 2004: GE and Vivendi merge NBC and Universal into NBCUniversal: 2005: The Office premieres on NBC
In 2000, Vivendi Universal was created from the merger with Groupe Canal+ and Seagram Company Ltd., owner of Universal Pictures. Vivendi sold 80% of Universal to the now-defunct General Electric (GE, owner of NBC) in 2004, forming what is now NBCUniversal. In 2006, it sold off most of the Universal components and its name reverted to Vivendi.
IAC Inc. is an American holding company that owns brands across 100 countries, mostly in media and Internet. [2] The company originated in 1996 as HSN Inc. as the holding company of Home Shopping Network and USA Network before changing its name to USA Networks, Inc. in 1999 and its television assets were sold to Vivendi in 2002.
In October 2019, NBCUniversal Content Studios was formed to house Universal Television and NBC's late night programming, with Cheeks joining from NBC Entertainment. [ 18 ] In an April 2020 reorganization, NBCUniversal Television and Streaming was formed with NBCUniversal Broadcast, Cable, Sports and News with the addition of NBC Entertainment ...
The sale and resulting merger formed NBC Universal. The new company was 80% owned by GE, and 20% owned by Vivendi. [34] The television divisions of NBC and Universal Television were combined to form NBC Universal Television. In 2006, NBC Universal sold four of its smaller-market owned-and-operated stations (WVTM, WNCN, WCMH, and WJAR) to Media ...