By Douglas Holtz-Eakin
The young drop coverage to avoid higher premiums
To John LaRue, the renaissance in U.S. manufacturing is no dream. It's already here.
Is General Electric letting Comcast gobble up the NBCUniversal media empire at a bargain price? Wall Street thinks so.
Comcast's $16.7 billion deal to buy the remaining half of NBCUniversal ahead of schedule represents a resounding vote of confidence in the future of TV, even as the growth of Internet video reshapes the entertainment landscape.
Comcast Corp. announced Tuesday that it plans to buy the rest of NBCUniversal from General Electric Co. years ahead of schedule. Comcast now owns 51 percent, and GE the remaining 49 percent. Comcast expects to get full ownership by the end of March.
Analysts believe General Electric Co. gave Comcast Corp. a great deal on the half of NBCUniversal that the cable company doesn't already own.
Comcast Corp. had $15.9 billion in revenue in the October-to-December quarter. Here's how this breaks down among different sources, such as cable TV and the broadcast network.
Comcast is holding a conference call Wednesday morning to discuss its fourth-quarter earnings and elaborate on a $16.7 billion deal that will give the cable-TV giant full ownership of NBCUniversal. The call with analysts is scheduled to begin at 8:30 a.m. ET.
NBC got its start in 1926 as the nation's first radio network. Its parent company, the Radio Corporation of America, figured people would buy radios if they had interesting things to listen to.
Comcast Corp.'s deal to buy the rest of NBCUniversal would end General Electric Co.'s long ties with the broadcast network. Comcast now owns 51 percent, and GE the remaining 49 percent. Comcast expects to get full ownership by the end of March.
Comcast Corp.'s deal to buy the rest of NBCUniversal would end General Electric Co.'s long ties with the broadcast network. Comcast now owns 51 percent, and GE the remaining 49 percent. Comcast expects to get full ownership by the end of March.
Comcast Corp. announced Tuesday that it plans to buy the rest of NBCUniversal from General Electric Co. years ahead of schedule. Comcast now owns 51 percent, and GE the remaining 49 percent. Comcast expects to get full ownership by the end of March.
Comcast Corp. had $15.9 billion in revenue in the October-to-December quarter. Here's how this breaks down among different sources, such as cable TV and the broadcast network.
NBC got its start in 1926 as the nation's first radio network. Its parent company, the Radio Corporation of America, figured people would buy radios if they had interesting things to listen to.
Comcast says it's buying General Electric's 49 percent stake in the NBCUniversal joint venture for $16.7 billion. It comes several years early, as Comcast takes advantage of low borrowing costs and what CEO Brian Roberts calls a "very attractive price."
Comcast is buying the rest of NBCUniversal from General Electric several years ahead of schedule to take advantage of low interest rates and what its CEO calls a "very attractive price" of $16.7 billion.
