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NBCUniversal was formed on May 11, 2004, as NBC Universal, Inc., when Vivendi sold 80% of Universal Pictures to the now-defunct General Electric, NBC's then-owner. [ 7 ] [ 8 ] The sale gave Vivendi a 20% stake in NBC Universal, while GE held the remaining 80%.
NBC and Telemundo discontinued their Qubo blocks in 2012 after Comcast acquired NBCUniversal. Following the acquisition of Ion Media by the E. W. Scripps Company on January 7, 2021, the Qubo Channel ceased operations on February 28, 2021.
As the owner of NBCUniversal since 2013, Comcast is also a high-volume producer of films for theatrical exhibition and television programming, and a theme parks operator. It is the fourth-largest telecommunications company by worldwide revenue. [9]
After weeks of speculation, Donna Langley — who took on the role as chairman of NBCUniversal Entertainment and Studios after a corporate shuffle in November — unveiled her executive structure ...
Acquisition of NBC Universal by Comcast The logo of Comcast from late 2006 to 2013 NBCUniversal logo as of January 31, 2011 Alternate NBCUniversal logo, created after the company's takeover and featuring Comcast's updated NBC peacock logo to promote its ownership Initiator Comcast Target NBC Universal from GE Type Majority stake (until March 2013) Full acquisition (from March 2013) Cost US$ 13 ...
Jeff Shell, the CEO of NBCUniversal, is leaving the company “effective immediately” after an investigation into “inappropriate conduct,” the media company’s owner, Comcast, announced Sunday.
Jack Welch, the former chairman and CEO of General Electric, which used to own NBCUniversal, has died. He was 84.CNBC reports Welch died Sunday of renal failure, according to his wife.During his ...
NBCUniversal Direct-to-Consumer and Digital Enterprises, also called Peacock and Digital Enterprises, is a division of NBCUniversal that holds the streaming service and their digital networks and previously held a part of NBCUniversal's cable portfolio as well as Telemundo.