News & Public Affairs
Media reform/labor groups want Comcast/NBC mega merger quashed listen
12/03/09 Lisa MarzilliWMNF Drive-Time News Thursday Listen to this entire show:
Tags: CWA, Free Press, Consumer Federation, Comcast, General Electric, NBC Universal, FCC
General Electric and Comcast announced a joint venture on Thursday that will give the cable company eventual control of NBC Universal. Earlier this week GE, which already owned 80% of NBC Universal, agreed to buy the remaining 20% from French media giant Vivendi. Worth nearly $6 billion dollars, the deal would allow GE to create an entertainment joint venture controlled by Comcast, the nation’s largest cable TV provider. Media reform groups across the county are organizing to try to block ...
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