Comcast unveiled the details of its takeover of NBC Universal earlier this morning. The cable company will hold 51% of NBC U to GE’s %49. Jeff Zucker, the current president of NBC U, will become CEO of the new Comcast-owned company. And it will still be based in New York City.
Comcast channels (like The Golf Channel and E!) will be contributed to NBC U’s new and improved television umbrella and Comcast will create a new division entitled Comcast Entertainment Group. [Variety]
This has been a long time coming. NBC Universal needed a hero and Comcast is clearly aiming at world domination Jonathan Pryce-in-that-Bond movie style, so everyone wins in this case.
What do you think of this news? How will this change television?