Comcast May Buy Controlling Stake Of NBC Universal

Hey, are you ready for Comcast to take more control over your entertainment? Then great news for you! Yesterday a rumor leaked that the cable giant is negotiating to buy 51% of NBC Universal, which includes the movie studio Universal, Universal theme parks, the NBC network, and shows like 30 Rock and SNL.

Under the arrangement being discussed, NBC Universal would be spun off into a standalone company, with Comcast owning 51% and GE holding 49%. There will be a window of opportunity for new ownership between mid-November and mid-December, when France’s Vivendi, which presently has 20% of NBC, has an option to sell up.

“Cable TV giant Comcast in talks to buy majority stake in NBC” [Guardian]