Cable giant Comcast is taking control of NBC Universal, making them the largest entertainment company in America. Comcast’s first goal is to gradually turn NBC into a television network.
Forging a deal with General Electric took time and careful negotiation. Their joint venture gives Comcast 51% control of NBC, Bravo, CNBC. MSNBC, Oxygen, Telemundo, and USA Network, but also leaves them stuck with The Jay Leno Show.
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