The Federal Communications Commission has just approved Comcast‘s purchase of a controlling stake in NBC Universal.  At this point, the deal is still subject to review by the U.S. Justice Department. The FCC approved the joint venture by a 4-1 vote. Democratic Commissioner Michael J. Copps, the only dissenting vote, said the concentration of media [...]

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NBC Universal CEO Jeff Zucker has stated that he will depart from the peacock network once the company is acquired by Comcast.  Zucker stated that the decision was “not his own choice,” adding that “in the last nine months it became increasingly clear that they did want to put their own team in place…and I [...]

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Comcast, the USA’s largest provider of cable television, high-speed internet, and communications products, is in reportedly in deep talks to buy NBC-Universal from G.E. Details were ironed out during a meeting among bankers for both sides in New York on Tuesday afternoon. Some reports indicate that a deal has already been formalized with a purchase [...]

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