On Wed, Sep 30, 2009 at 11:24 PM, Wesley McGee <[email protected]> wrote:
> Any word about perennial rumored suitor Time-Warner (whom was last rumored
> to be wishing to sell the Time half so to raise money for other
> entertainment groups)?
>
> Who else would be likely buyers for NBCUni? It's gotta be a rather big and
> expensive company to buy outright. I could see a few folks maybe considering
> the 20% that Vivendi may sell...

Today's article/update:

GE Is in Talks to Spin Off NBC, Give Comcast 51% of New Unit

The deal under consideration would allow Comcast to take 51% economic
control of NBC Universal through its contributions of content assets
such as the "E" channel, the Golf Channel and a group of regional
sports networks and the contribution of as much as $7 billion in cash
to the new company.

The prospective deal is complex and is far from a certainty. Under the
scenario being contemplated, GE would spin off NBC Universal, along
with a significant amount of debt, into a new company.

Comcast would merge content assets that it values at as much as $6
billion, along with cash, so that it would take a 51% ownership stake.

GE would control 49% and—as part of the spin off of NBC
Universal—would be able to contribute as much as $12 billion in debt
to the spun off entity, say people familiar with the negotiations.

http://www.cnbc.com/id/33123120

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