The Wrap reports Comcast is in talks to buy NBC Universal from GE

Categories: TV Business

Written By

September 30th, 2009

Update 10/1/09: there are a variety of media reports where both Comcast and NBC are denying that the story reported by The Wrap is accurate.

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Via The Wrap:

Comcast, the nation’s leading provider of cable, entertainment and communications products and services, is in talks to buy the entertainment giant NBC-Universal from General Electric, according to a knowledgeable individual.

Deal points were hammered out at a meeting among bankers for both sides in New York on Tuesday, executives familiar with the meeting said.

A spokeswoman for NBC-Universal had no comment. A spokeswoman for Comcast also had no comment.

Much more via The Wrap

 
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