Nbc, Comcast | featured news

Reports say regulators are on the verge of approving purchase of 51% stake in media giant from General Electric.

Comcast Chief Operating Officer Steve Burke will succeed Jeff Zucker as the new CEO of NBC Universal later this year, when Comcast takes control of the broadcaster.

Jeff Zucker said on Friday that he would leave NBC Universal once the deal with Comcast was completed.

The television stations are among supporters and opponents of the merger to submit testimony in advance of hearings by House and Senate subcommittees.

Comcast Corp. announced Thursday it plans to buy a majority stake in NBC Universal for $13.75 billion, giving the nation's largest cable TV operator control of the Peacock network, an array of cable channels and a major movie studio....

Comcast Corp. is in talks to purchase NBC Universal, the Los Angeles Times is reporting.