Mergers & Acquisitions, Nbc Universal | featured news

Comcast says it's buying General Electric's 49 percent stake in NBCUniversal joint venture for $16.7 billion.

Comcast Corp has completed its takeover of NBC Universal, creating a $30 billion media behemoth that controls not just how television shows and movies are made but how they are delivered to people's homes.

The head of the Federal Communications Commission proposed regulatory conditions Thursday to ensure that cable giant Comcast Corp. cannot stifle video competition once it takes control of NBC Universal....

Comcast Corp. announced Thursday it plans to buy a majority stake in NBC Universal for $13.75 billion, giving the nation's largest cable TV operator control of the Peacock network, an array of cable channels and a major movie studio....