Cable, 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....

Netflix and NBC Universal have struck a deal to load the streaming video site with tons of content from both NBC and its family of cable networks, including all 35 seasons of Saturday Night Live, and new episodes of the sketch comedy show the day after air.Saturday Night Live just aired its season premiere last night, but were not seeing the episode on Netflix. Apparently the deal hasnt been executed just yet.The day-after premiere episodes will continue through 2012, but neither Netflix nor NBC specified how long the other content deals will last.

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....