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Meet The New Comcast-NBCU: Content Meets Conduit Everywhere; Will It Work? by Posted by Larry Dignan
ZDNet.com News  ISBN/ITEM#: CM091204CCNBCU
Date: 04 December 2009

Links: ZDNet.com Blog Entry /

When we heard about Comcast buying a 51% controlling interest in NBC Universal for $30 billion US, it sounded like a better fit culturally than when GE ran NBC Universal. But will regulators approve of this megadeal?

From release/information:

Comcast said Thursday that it has officially acquired a controlling stake in NBC Universal in a deal valued at $30 billion. Comcast will have an arsenal of cable channels, a huge distribution network, a movie studio, and a top 10 Web presence with 82 million monthly unique visitors. Now the hard part: Leveraging these assets.

But as Comcast CEO Brian Roberts said on a conference call (statement, Techmeme, presentation): "There's more upside than downside buying it today." In the end, Roberts got a good deal, "buying at low point in cyclical changes", and had a willing seller in General Electric. "It's a reasonable risk and that's how you get excess returns", added Roberts.

(Source: ZDNet.com)

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