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FCC Stops The Comcast-NBCU Clock, Wants More Info; Opponents Get More Time

Apr 16, 2010 5:37 PM

Critics of the NBC Universal-Comcast (NSDQ: CMCSA) merger who wanted the Federal Communications Commission to extend the response deadline past May 3 will get more time. The FCC said late Friday afternoon that it is suspending the comment and petition schedule to give Comcast and NBCU parent General Electric (NYSE:…

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Posted In: Legal, Regulatory, FCC, Companies, Comcast, NBC Universal, ge

GE’s Comstock: Really, NBCU Is Not For Sale

Aug 4, 2008 7:34 AM

The compulsion to get GE execs on the record about NBC Universal’s (NYSE: GE) future—maybe we can make it a drinking game during the Olympics—continues despite the recent reorganization keeping the media and entertainment company as a core division and repeated assertions that it will remain part of GE. Caveat:…

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Posted In: Entertainment, Sports, Digital Olympics, Companies, NBC Universal, beth comstock, ge

Earnings
Earnings: GE Q1 Earnings Down 8 Percent; NBC Revs Up 3 Percent; Stock Slides On Outlook

Apr 11, 2008 6:32 AM

Yes, we’re getting close to that time again… GE, the parent company of NBCU, has announced surprisingly weak Q1 results with continuing income sliding 8 percent to $4.36 billion from $4.9 billion. Total revenue was still up 8 percent year-over-year to $42.2 billion, from $39.2 billion. NBC was pretty languid,…

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Posted In: Money, Earnings, Companies, NBC Universal, ge

Industry Moves
Beth Comstock Out At NBCU; Back To GE As SVP, CMO; Changes At NBCU

Mar 3, 2008 10:38 AM

If the tom-toms keep beating, eventually they’ll be right. It’s official: Beth Comstock is moving back to GE after two-plus years at NBC Universal (NYSE: GE). The move was first reported by the NY Post, which has been predicting Comstock’s return to GE almost since she arrived at NBCU in…

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Posted In: Industry Moves, Companies, NBC Universal, beth comstock, ge

Earnings
Earnings: GE Income Up 17 Percent In Q4; NBC Profit Up 10 Percent On Film, Cable

Jan 18, 2008 7:43 AM

NBCU parent and economic bellwether GE posted Q4 revenue of $48.5 billion, up 18 percent from the $41.2 billion in the year-ago period. Net income grew 17 percent to $6.7 billion ($.68/share) from $5.9 billion ($.58/share). At NBCU, revenue grew 8 percent, to $4.5 billion, while profits rose 10 percent,…

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Posted In: Money, Earnings, Companies, NBC Universal, ge

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