NBC News is a division of the American broadcasting company NBCUniversal, a subsidiary of Comcast. The division operates under NBCUniversal News Group, a subsidiary of NBCUniversal.
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Comcast Corporation is an American telecommunications conglomerate headquartered in Philadelphia, Pennsylvania. It is the second-largest broadcasting and cable television company in the world by revenue and the largest pay-TV company, the largest cable Internet provider, and the third-largest home telephone service provider in the United States. NBC News is a leading source of global news and information and a division of NBCUniversal, which is a subsidiary of Comcast.
Acquisition of NBC
On January 18, 2011, Comcast Corporation (Comcast) announced its plans to acquire a majority stake in NBC Universal (NBCU) from General Electric Company (GE). Comcast would contribute about $6.5 billion in cash and assets to the joint venture and GE would contribute NBCU’s businesses, including its cable networks, broadcast television network, television stations, theme parks, and equity interests in third-party programming ventures. The transaction was valued at $30 billion.
The acquisition of NBCUniversal by Comcast Corporation was completed on January 28, 2011. The new company was called Comcast NBCUniversal. Comcast owned 51% of the new company and GE owned 49%. Brian L. Roberts is the Chairman and Chief Executive Officer (CEO) of Comcast Corporation and Steve Burke is the CEO of NBCUniversal.
The headquarters of Comcast NBCUniversal are located in Philadelphia, Pennsylvania.
National Broadcasting Company
The National Broadcasting Company (NBC) is an American broadcast television network owned by the NBCUniversal Television Group, a subsidiary of Comcast. The network is headquartered at 30 Rockefeller Plaza in New York City, with additional major offices near Los Angeles and in Chicago.
NBC News (formerly the National Broadcasting Company) is an American television news organization that is a subsidiary of NBCUniversal News Group, a division of NBCUniversal. The network is headquartered in New York City, with bureaus in Washington, D.C., Los Angeles, and London. NBC News also provides content for CNBC and MSNBC.
MSNBC is a United States-based cable and satellite television network that provides news coverage and political commentary from NBC News on current affairs. MSNBC is owned by the NBCUniversal News Group, a unit of the NBCUniversal Television Group division of NBCUniversal (all of which are ultimately owned by Comcast).
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business information to more than 386 million homes worldwide, including more than 94 million households in the United States and Canada. CNBC’s Business Day programming (weekdays from 5:00 a.m.-7:00 p.m. ET) is produced at CNBC’s headquarters in Englewood Cliffs, N.J., and also includes reports from CNBC news bureaus worldwide. CNBC at night features a mix of new reality programming, CNBC’s highly successful series produced exclusively for CNBC and a number of distinctive in-house documentaries.
CNBC also has a vast portfolio of digital products which deliver real-time financial market news and information across a variety of platforms including: CNBC TV; CNBC Mobile; CNBC Desktop; CNBC Digital Video ; Newsletters ; Podcasts & Radio Shows; Mobile Apps for iPhone, iPad, iPod touch, Android, Windows Phone 7 and Blackberry devices