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Report: Comcast Buying NBC for $35 Billion. Comcast: “Inaccurate”
- skinnymuch 17y agoIt better be inaccurate. Even if Comcast wanted to buy NBC (why would they?), $35 billion is far too much for the least popular of the four major networks. CBS only has a market cap of $8B right now. EDIT: Like others are saying, it's for all of NBC Universal. Makes more sense since Viacom + CBS = $25B in market cap.
- wayne 17y agoThe rumor was for NBC Universal, which includes more than just a network: http://en.wikipedia.org/wiki/NBC_Universal http://en.wikipedia.org/wiki/NBC_Universal
- jsz0 17y agoThis article states it's all of NBC Universal which I would guess includes all their cable assets too. That's Weather Channel, History, Scifi, Bravo, USA, MSNBC, CNBC, Telemundo, etc. Also Universal Studios. That's a huge chunk of the entertainment industry for one company to control -- especially when they are also providing access to competing content. That would give Comcast 50% of Hulu too.
- skinnymuch 17y agoAh my bad. That makes more sense then. Viacom and CBS combined are over $25B in value and should be closer in real estate size with all of NBC Universal. Is it definitely 50% of Hulu? I thought Disney came in and took a chunk of Hulu too.
- jsz0 17y agoFrom what I can tell it's actually closer to 25% each for NBC, Disney, and FOX and the rest is spread among the investors and employees.
- colbyolson 17y agoI'm getting really tired of anything related to Comcast. Actually, I'm getting tired of just Comcast in general. I don't see any benefit of Comcast owning another network. They've already ruined half of my hockey season as it is!