Comcast Corp to buy rest of NBC Universal from General Electronics in $16.7 bn deal

Comments print
Reuters:  Feb 13 2013, 10:05 IST
NBC.jpg
investigated, said Richard Brosnick, an antitrust expert with law firm Butzel Long.

"The only way that the government would look further at this is if Comcast violated its consent decree," said Brosnick.

A source close to Comcast said the company did not anticipate it would be required to file for antitrust approval with either the Justice Department or the Federal Communications Commission.

Comcast has slowly but steadily replaced NBC's former regime with its own people since closing the deal. Steve Burke, the longtime top lieutenant to Roberts at Comcast, runs NBC Universal. Former CEO Jeff Zucker is gone. So too is former NBC Entertainment chief Jeff Gaspin and longtime sports producer Dick Ebersol, among others.

In February, Steve Capus announced he was leaving as head of NBC News. That decision, according to sources, was motivated in part by Comcast's installing one its executives, Patricia Fili-Krushel, into the newly created position of chairman of NBC Universal News Group and making Capus, along with CNBC president Mark Hoffman and MSNBC president Phil Griffin, report to her.

Indeed, the only executives that still remain from the old regime are the leaders of cable networks and Universal Studios head Ron Meyer, who ranks as the longest-serving movie studio chief in Hollywood. On the cable side, in addition to Hoffman and Griffin, Bonnie Hammer now runs all of NBC's entertainment-oriented cable networks and Lauren Zalaznick leads its digital operations. Bob Greenblatt, the former head of Showtime, now runs the NBC broadcast network and Mark Lazarus leads the sports division.

In addition

... contd.

Ads by Google
   Previous | 2 | 3 | 4 | Next
Previous Story  BSE Sensex up 88 points, Nifty by 25.35 points in early trade Next Story  Rupee up 7 paise vs US dollar in early trade
Reader's Comments| Post a Comment

Be the first to comment.

Post your Comment

Your email address will not be published. Required fields are marked *

Name *
Email *
Message *
 
captcha
please enter the above characters in the box below