Comcast purchase of NBC Universal said to be done deal now
Sources are now saying
that the deal for Comcast to buy 51 percent of NBC/Universal is now done.
What this means? See this post from earlier.
Or this one, if you're feeling cynical (or sarcastic) about the whole thing. ;-)
Update, Dec. 3: And here's your official announcement. Sale price for 51 percent: $13.75 billion - $6.5 billion in cash and the rest in the value of Comcast's cable networks that will become part of the new NBC/Uni (E!, Versus, Golf Channel and 10 regional sports channels). Jeff Zucker remains your NBC/Uni CEO.
>> "Comcast wants NBC Universal largely for its lucrative cable channels, such as Bravo and CNBC. NBC Universal also spans the NBC and Telemundo broadcast networks, the Universal Pictures movie studio and (oh yeah, we almost forgot) Universal theme parks." <<
I was amused by a recollection related to Comcast that speaks volumes about the pseudo competition between the Disney Universal parks.
Hyperbole is fun TH, but "It's amusing to know that a smug comment from a Disney exec implies the possibility that Disney could (with relative ease) gobble up the company that gobbled up Universal" is just that.
Some more numbers, just for fun:
Thanks Jason! I appreciate you showing how a company entertained the folly of taking over another company whose market cap was more than $10 billion dollars greater than their own.
Also read through the link! Nice! It's noteworthy that it did not break out the theme park value. While it was reported that "NBC Universal will be valued at $30 billion," I wonder if the theme park performances were taken out of the mix if that sentence would read "NBC Universal will be valued at $31 billion."
This article has been archived and is no longer accepting comments.