The Wall Street Journal is reporting that Vivendi has negotiated a tentative $5.8 billion deal to sell its minority stake in NBC Universal to General Electric Co. This means that GE is closer to being able to sell NBC to Comcast.

From the WSJ:

If finalized, the Vivendi-GE agreement will clear the final major obstacle to a sperate deal GE worked out weeks ago to give Comcast control over NBC Universal. A tentative deal was reached with Comcast which values NBC Universal at about $30 billion, according to people familiar with the matter.

What do you think of Comcast owning NBC Universal?

Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues.