You will be redirected back to your article in seconds

NBC Universal valued at $30 billion

General Electric, Comcast agree price tag

LONDON — The sale of NBC Universal took a step closer Monday as General Electric, which holds an 80% stake in NBC U, and Comcast agreed the price tag, according to wire reports.

The pair have valued NBC U at around $30 billion. Under the proposed deal, Comcast would take a 51% stake.

However, it is not a done deal as Vivendi, which holds the remaining 20% in NBC U, is able to veto the pact. The Federal Communications Commission could also scupper the plan on anti-trust grounds.

More Film

  • 'Lemonade' Review: A Quietly Seething Romanian

    Berlin Film Review: 'Lemonade'

    LONDON — The sale of NBC Universal took a step closer Monday as General Electric, which holds an 80% stake in NBC U, and Comcast agreed the price tag, according to wire reports. The pair have valued NBC U at around $30 billion. Under the proposed deal, Comcast would take a 51% stake. However, it […]

  • Cinema Audio Society 2018 Winners: 'Dunkirk,'

    'Dunkirk,' 'Game of Thrones' Win Cinema Audio Society Awards for Sound Mixing

    LONDON — The sale of NBC Universal took a step closer Monday as General Electric, which holds an 80% stake in NBC U, and Comcast agreed the price tag, according to wire reports. The pair have valued NBC U at around $30 billion. Under the proposed deal, Comcast would take a 51% stake. However, it […]

  • Isle of Dogs

    The 10 Best Films of the 2018 Berlin Film Festival

    LONDON — The sale of NBC Universal took a step closer Monday as General Electric, which holds an 80% stake in NBC U, and Comcast agreed the price tag, according to wire reports. The pair have valued NBC U at around $30 billion. Under the proposed deal, Comcast would take a 51% stake. However, it […]

  • Indian Actress Sridevi Kapoor Arrives For

    Legendary Bollywood Actress Sridevi Dies at 54

    LONDON — The sale of NBC Universal took a step closer Monday as General Electric, which holds an 80% stake in NBC U, and Comcast agreed the price tag, according to wire reports. The pair have valued NBC U at around $30 billion. Under the proposed deal, Comcast would take a 51% stake. However, it […]

  • Emma Chambers'HOW DO YOU WANT ME'

    'Notting Hill' Actress Emma Chambers Dies at 53

    LONDON — The sale of NBC Universal took a step closer Monday as General Electric, which holds an 80% stake in NBC U, and Comcast agreed the price tag, according to wire reports. The pair have valued NBC U at around $30 billion. Under the proposed deal, Comcast would take a 51% stake. However, it […]

More From Our Brands

Access exclusive content