Thursday, December 03, 2009

Historic Day for Television, Cable, and Web as Comcast Buys NBC from GE

In a deal just announced, Comcast, the nation's largest cable operator, will buy a controlling stake in NBC.  The deal will take a year to close and will surely be subject to strenuous regulatory review, notably from the FTC.

As the power of the broadcast networks has fallen and cable has risen, so has the emerging opportunities online and the big cable operators stand to profit in the online world.  The catalyst for the television business online will be something coined "TV Everywhere."

Last month in San Francisco at the NewTeeVee conference, we spoke with Comcast's Amy Banse about the "TV Everywhere" initiative and the opportunities for the industry. 

Beginning later this month, Comcast consumers will be able to access about 25 cable programming channels on their computers regardless of where they are connected.

We have republished this video today.

More to come.

Andy Plesser, Executive Producer

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Comments

Hi,
The power of the broadcast networks has fallen and cable has risen, so has the emerging opportunities online and the big cable operators stand to profit in the online world.

 

I have read the article based on the Historic day for television,cable and web process.I like post very much as it contain informative knowledge.As the power of the broadcast networks has fallen and cable has risen, so has the emerging opportunities online and the big cable operators stand to profit in the online world.

 

Great post.I have really enjoyed to browse this post.I would like to say comcast will have nfl network very soon, the league will make it a condition for keeping the sunday night game on nbc...

 

This is Kate Noel, from Comcast. Take a look at our CEO's blog post with more details on the deal. http://blog.comcast.com/2009/12/comcast-and-ge-announce-nbc-universal-joint-venture.html

 

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