Dunn Lambert, LLC
We mean business
Comprehensive legal services for businesses in New Jersey and New York call 201-957-0874
Dunn Lambert, LLC
comprehensive legal services for businesses call 201-957-0874

Comcast-NBCU Merger Official

The long negotiation process has finally been completed and the $30 billion merger deal of Comcast Corp and NBC Universal is official. Gaining the approval of federal antitrust regulators took 13 months.

Last month, the Federal Communications Commission (FCC) and the Justice Department approved the merger with a long list of conditions. According to Reuters, on January 28, Comcast officially acquired a 51 percent stake in NBC Universal from General Electric Co.

Antitrust regulators were concerned that the combination of Comcast, the largest distributor of video and television content in the U.S., and NBCU, a creator of film and television content, would hamper competition overall and particularly in the evolving online entertainment industry.

Comcast had to agree to a number of conditions to receive approval for the deal. The company agreed, for one, to give up its managing role of Hulu through its minority stake in the online entertainment distribution company.

Comcast Corp is interested in the expansion of media onto the Internet and the opportunities different viewing devices offer, such as tablets, smartphones and computers.

According to Reuters, Comcast believes the joining of the entertainment-distribution company and entertainment-creation company will be good for both companies' customers.

Source:

Comcast completes NBC Universal merger (Reuters)

No Comments

Leave a comment
Comment Information

Office Location

google plus

Dunn Lambert, LLC
East 80 Route 4 Suite 170
Paramus, NJ 07652

Paramus Law Office Map

Dunn Lambert, LLC
1745 Broadway, 17th Floor
New York, NY 10019
New York Law Office Map
Phone: 201-957-0874
Fax: 201-291-0140
Telephone: 212-768-0700
Fax: 212-519-9804
Best Lawyers | Best Law Firms | U.S.News & world report | 2016

GET ANSWERS from a firm
with a sense of business.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Review US
Subscribe to This Blog's Feed FindLaw Network