King Calls NBC Pact a `Unique Opportunity' for Comcast: Video
108 views · Published 23 March 2012 · 3:37 · Indexed 28 September 2026
Channel: Bloomberg Originals · 2012 · Entertainment
Dec. 3 (Bloomberg) -- Christopher King, an analyst at Stifel Nicolaus & Co., talks with Bloomberg's Jon Erlichman and Deirdre Bolton about Comcast Corp.'s agreement to start a joint venture with General Electric Co.'s NBC Universal unit.
Comcast will merge cable channels worth $7.25 billion with the NBC Universal assets, valued at $30 billion, the companies said today in a statement. Comcast also will contribute $6.5 billion in cash. The cable operator will own 51 percent of the new entity, which Jeffrey Zucker will lead. (Source: Bloomberg)
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