Brand
We mean business
Comprehensive legal services for businesses
in New Jersey and New York

COVID-19 Notice: In order to best serve you, while being mindful of your health and safety, we are available for consultations and conferences via telephone and video. We can arrange for documents to be prepared, reviewed, signed and exchanged electronically. We are ready to assist you with all of your legal needs.

We are open and ready to assist you. Go to our COVID-19 Updates page to see our latest statement on the crisis and a list of recent news and developments during this challenging time.
GO
Close
top-contextual
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.

Source:

Comcast completes NBC Universal merger (Reuters)

Office Location

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

Phone: 201-291-0700
Fax: 212-519-9804
Best Lawyers | Best Law Firms | U.S.News & world report | 2017

GET ANSWERS from a firm
with a sense of business.

Archives

Review US
FindLaw Network