×
You will be redirected back to your article in seconds

NBC News, Euronews in Talks for Strategic Partnership

Euronews opened its new headquarters last year in Lyon, France

Comcast’s NBCUniversal is in talks to take a strategic stake of between 15% and 30% in Euronews, Europe’s answer to CNN. The move would lead to a close partnership between NBC News and Euronews, which airs in 13 languages across 155 countries.

Euronews chief executive Michael Peters is in discussions with NBCU representatives with his board’s blessing in order to clinch a deal by the end of this year, a source close to Euronews told Variety. Egyptian billionaire Naguib Sawiris, who holds a 53% stake in Euronews, would remain the controlling shareholder.

The investment would prepare the ground for a collaborative relationship between NBC News and Euronews that would beef up the latter’s output, and allow NBCU News to expand its operations in Europe further.

NBC News is “in discussions with Euronews about a potential investment and collaborative partnership between the two,” an NBC spokesperson confirmed.

Euronews, which employs more than 400 journalists of 25 different nationalities, is mainly focused on its operations in Europe, the Middle East and North Africa, but it is expanding elsewhere. It launched pan-African sister channel Africanews in January; in May it boosted its presence in Latin America through a series of distribution pacts; and it stepped up its efforts in the Asia-Pacific region when it set up a subsidiary in Singapore last month.

At the Cannes Film Festival in May, Peters unveiled a revamped brand identity for Euronews, designed by Lambie-Nairn, and also issued a fresh mission statement, which read: “To live and share a unique and global experience of news, knowledge and cultures, expressed through a genuine diversity rooted in our European identity.”

More TV

  • Jack Cutmore-Scott to Write, Star in

    Jack Cutmore-Scott to Write, Star in Comedy in Development at ABC

    Comcast’s NBCUniversal is in talks to take a strategic stake of between 15% and 30% in Euronews, Europe’s answer to CNN. The move would lead to a close partnership between NBC News and Euronews, which airs in 13 languages across 155 countries. Euronews chief executive Michael Peters is in discussions with NBCU representatives with his […]

  • Univision logo

    Univision Reports Revenue Dip in Third Quarter Earnings

    Comcast’s NBCUniversal is in talks to take a strategic stake of between 15% and 30% in Euronews, Europe’s answer to CNN. The move would lead to a close partnership between NBC News and Euronews, which airs in 13 languages across 155 countries. Euronews chief executive Michael Peters is in discussions with NBCU representatives with his […]

  • Scott Budnick

    Scott Budnick’s One Community Aims to Make a Difference With Activist Content

    Comcast’s NBCUniversal is in talks to take a strategic stake of between 15% and 30% in Euronews, Europe’s answer to CNN. The move would lead to a close partnership between NBC News and Euronews, which airs in 13 languages across 155 countries. Euronews chief executive Michael Peters is in discussions with NBCU representatives with his […]

  • Mike Royce, left, and Norman Lear

    Norman Lear, Kirby Dick, 'SEAL Team' Actors Talk Tackling the Military on TV

    Comcast’s NBCUniversal is in talks to take a strategic stake of between 15% and 30% in Euronews, Europe’s answer to CNN. The move would lead to a close partnership between NBC News and Euronews, which airs in 13 languages across 155 countries. Euronews chief executive Michael Peters is in discussions with NBCU representatives with his […]

  • Steve Bodow, 'Daily Show' Veteran Producer,

    Steve Bodow, 'Daily Show' Veteran Producer, Will Depart in 2019

    Comcast’s NBCUniversal is in talks to take a strategic stake of between 15% and 30% in Euronews, Europe’s answer to CNN. The move would lead to a close partnership between NBC News and Euronews, which airs in 13 languages across 155 countries. Euronews chief executive Michael Peters is in discussions with NBCU representatives with his […]

  • 'Silicon Valley' Season 6: Production Delayed

    'Silicon Valley' Season 6: Production Delayed Until Summer 2019

    Comcast’s NBCUniversal is in talks to take a strategic stake of between 15% and 30% in Euronews, Europe’s answer to CNN. The move would lead to a close partnership between NBC News and Euronews, which airs in 13 languages across 155 countries. Euronews chief executive Michael Peters is in discussions with NBCU representatives with his […]

  • DIRTY JOHN -- Eric Bana as

    TV Review: 'Dirty John'

    Comcast’s NBCUniversal is in talks to take a strategic stake of between 15% and 30% in Euronews, Europe’s answer to CNN. The move would lead to a close partnership between NBC News and Euronews, which airs in 13 languages across 155 countries. Euronews chief executive Michael Peters is in discussions with NBCU representatives with his […]

More From Our Brands

Access exclusive content