Comcast Merges With NBC Universal


Posted by billd on Sat Jan 29, 2011

Music News

Could this be another AOL Time Warner? In 2001, we had the marriage of AOL and Time Warner, which turned out to be one of the biggest M&A blunders of all time. A decade later, we have Comcast, the largest cable company in the US, merging with TV and movie content giant, NBC Universal. The merge was announced yesterday, with the deal supposedly closing late last night.

It’s hard to say if this merger will be any different from the AOL Time Warner blunder, but on the positive side, this deal is structured different in that NBC Universal is now a joint venture between Comcast and former NBC parent GE (with Comcast holding the majority), so it's not an outright acquisition. Comcast CEO Brian Roberts called it "the single most awesome asset" of NBC Universal. Comcast has vowed to grow and expand its operations.

What's your opinion on the deal?

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