Comcast will buy the 49 - percent of NBCUniversal it does n’t already own from GE for 16.7 billion wampum . That ’s right , Kabletown is bigger than ever now . Regulatory approval for Comcast ’s purchase of 51 - percent of the company cleared last yr — now the cable and media goliath possess the whole shebang .
That means that Comcast now own in their entirety the following : NBCUni ’s huge issue of television properties , include Bravo , SyFy , The Weather Channel as well as Universal Pictures , and a 32 - percentage stake in Hulu . Hurray for consolidate mass medium companionship into massive conglomerate . [ BusinessWire ]
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