News on a possible Universal Studios sale could come as early as tomorrow
Written by Robert Niles
My former co-worker Staci Kramer offers the best explanation to date of where GE and Vivendi stand on a possible sale of NBC Universal to Comcast.Tweet
The Vivendi board meets tomorrow to discuss the proposed sale of its share to GE, though it could delay a decision on that sale until later this year.
"Sources say both Comcast and GE are prepared for Vivendi to go into November and possibly into December before it makes its decision known," Staci wrote.
As Staci describes it, GE would buy out Vivendi's 20% stake, then merge NBC Universal with Comcast. GE would retain a stake in NBC/Universal/Comcast, though it could eventually sell that stake to Comcast, which would give the cable giant complete control over NBC/Uni.
NBC Universal, in any case, would retain its ownership of Universal Studios Hollywood and 50% stake in Universal Orlando. (The other 50%, of course, being owned by Blackstone Group, which last week bought the SeaWorld and Busch Gardens parks in a separate deal.)
This article has been archived and is no longer accepting comments.
Previous article: Should Disney bring hard-ticket holiday parties to Disneyland Park?
Planning a trip to Orlando?
Insider's Pick: Get all the best advice from ThemeParkInsider.com in one convenient book! Theme Park Insider Orlando 2014 offers you the insight, background, and how-to skills that will help you enjoy Walt Disney World and Universal Orlando like, well, a theme park insider. Save yourself time and money by learning how to visit the Orlando-area theme parks the insiders' way.
Top U.S. Theme Parks
Walt Disney World's Magic Kingdom
Other Top International Parks
Features, News and Advice
"Stories from a Theme Park Insider"
Connect with Theme Park Insider