All Channels
Popular
140°

NBC Universal Up For Auction?

NBC Universal may just be up for auction. The decision will not be made until after the Beijing Olympics. NBC Universal is the entertainment division of General Electric.

According to a report in the Financial Times, the company, whose estimated value is around $40 billion, is rumored to be potentially up for sale due to the drop in performance and the lack of uniformity with GE's other businesses that are predominantly industrial and financial.

NBC Universal consists of the following subsidiaries NBC, Universal Studios, NBC Universal Television Group, NBC News CNBC, MSNBC, iVillage, ION Media Networks, qubo

Jdash246802d ago (Edited 6802d ago )

is nbc universal a branch of universal? or is universal owned by nbc?

oh thanks, bubble for you.........

hmmm that means universal could go blu ray depending on who buys

frizshizzle6802d ago (Edited 6802d ago )

NBC Universal is the parent company they own Universal.

Omegasyde6801d ago

Just in case you didn't know as well

Viacom owns CBS/MTV/Paramount etc

ABC is somewhat of owned/ran by Disney.

Fox is owned by President Bush <joke ;P>

Sony owns a bit of Las Vegas, i.e. (MGM Mirage resort) stake holders and owns Columbia/tri-star/MGM studios for making movies.

chrno6801d ago

Does that mean if Sony buys out Universal, the stupid format war will be over?

crck6801d ago

40 billion is a butt load of scratch.

Laka6801d ago

Does Sony has $40 billion in the bank?

Razzy6801d ago

Probably not but maybe they could make payments...1 billion a month for 40 months. :-)

PopEmUp6801d ago

I don't think they has 40 Billion in the Bank but probably close to it

PlayStation3606801d ago (Edited 6801d ago )

Sony's Revenue = $70 Billion (as of 2007)

However Revenue is not to be confused with Profit or net income. I just say Revenue so you can have an idea what Sony is working with.

I'm not sure but I think Son's net income is around $1 billion.

PopEmUp6800d ago

If Sony has $70 billion than NBC would be certainly a good investment and the stupid format war will be all over

+ Show (1) more replyLast reply 6800d ago
Kururo6801d ago

hows that hd-dvd exclusive working out?

50°

44% of games industry professionals have considered leaving the industry as a result of redundancies

New report from Skillsearch found that 22% of those surveyed had been laid off within the past 12 months.

Read Full Story >>
gamesindustry.biz
Cockney39d ago

Well if that 44% left im sure there would be a lot less redundancies

40°

Stop Killing Games on the latest European Commission public hearing

It's a step forward for Stop Killing Games.

Read Full Story >>
rockpapershotgun.com
50°

"Be creative 99% of the time" – Glen Schofield on how creativity can help fix AAA industry woes

The Callisto Protocol director thinks the solution involves the right people, the right timing, and perhaps a little bit of AI

Read Full Story >>
gamesindustry.biz
lodossrage40d ago

I don't agree with that. I WISH I could agree with that. But buying habits and customer opinions prove otherwise

We've seen developers in the AAA space try new things and ideas. More often than not, the customers aren't willing to give things a chance, or not enough people buy into the project for it to grow.

Creativity works better in the indie space because the budgets, pressures, and expectations aren't the same.

Scissorman39d ago

it's a nice idea and it worked during the PS2/PS3-era when AAA didn't cost hundreds of millions of dollars. smaller budgets and shorter development time left room for more creativity and more risk. a game didn't need to sell 4 million+ copies to break even. things are different now.

__y2jb38d ago

This is the guy who bragged about crunching his staff and having them work through the night. Crunch culture has lost more talent and done more damage to the industry than any other factor. Screw him.