We mean business
Comprehensive legal services for businesses
in New Jersey and New York
Best Lawyers | Best Law Firms | U.S.News & world report | 2021
Richard J. Lambert was named by Best Lawyers® as a 2021 Corporate Law “Lawyer of the Year.”

Best Lawyers® is the oldest and most respected peer-review publication in the legal profession. Only one lawyer in each practice area in a given community is honored as “Lawyer of the Year.”

comprehensive legal services for businesses

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.


Comcast completes NBC Universal merger (Reuters)

Office Location

Dunn Lambert, LLC
1740 Broadway, 15th Floor
New York, NY 10019

Paramus Law Office Map

Dunn Lambert, LLC

New York Law Office Map

Phone: 551-228-2690
Fax: 201-957-0874

Best Lawyers | Best Law Firms | U.S.News & world report | 2021

GET ANSWERS from a firm
with a sense of business.


Review US
FindLaw Network