Reported Agreement Lets Comcast Run NBC-Universal

It looks like Philly might become a major, if not the major, media center in the world. Comcast has reportedly reached an agreement with General Electric to give the Philadelphia-based corporation known for providing cable service a 51 percent share in NBC Universal whose properties include Universal Studios, NBC and its affiliates and Telemundo Television Studios.

GE now owns 80 percent of NBC Universal with the French-firm Vivendi owning the rest.

Reported Agreement Lets Comcast Run NBC-Universal

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