Comcast, GE announce blockbuster deal for NBCU

12/3/2009 | NYTimes.com · Wall Street Journal, The · Washington Post, The · CNNMoney

Comcast and General Electric today announced a much-expected definitive agreement that transfers 51% control of NBC Universal to the country's largest cable provider. The deal creates a new venture that combines NBCU's properties, including the broadcast network, local TV stations and cable channels, with Comcast's programming assets. NBCU head Jeff Zucker will lead the new company, according to reports.

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NYTimes.com · Wall Street Journal, The · Washington Post, The · CNNMoney

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