General Electric

The Artful Dodgers: Telecommunications and Technology

Stevie Converse — Fri, 15 Apr 2011 07:48:06 -0400

Full article: Public Campaign
Verizon and General Electric are also among the biggest players in Washington, spending hundreds of millions of dollars each year to influence policymakers and lobby regulators. Their investments have paid off handsomely: Due to tax loopholes related to overseas profit, neither firm has paid significant federal income taxes for years.

GE Said to Lean Toward IPO of Vivendi's NBC Stake

Stevie Converse — Tue, 24 Nov 2009 10:13:10 -0500

Full article: Bloomberg
Rachel Layne
General Electric is leaning toward allowing an initial public offering of Vivendi's minority holding in NBC Universal as talks to purchase the stake stall. The two sides are about $500 million apart on a valuation for Vivendi's 20 percent stake in the entertainment unit, and little progress has been made in recent days.

Comcast, NBCU Negotiations Snag over Valuation of Vivendi's Stake

Stevie Converse — Mon, 23 Nov 2009 08:16:15 -0500

Full article: Multichannel News
Comcast's push to gain control of NBC Universal has evidently hit a snag over the valuation of the programmer's stake controlled by Vivendi. The deal has stalled over the differential in valuing Vivendi's 20 percent stake in NBC-U.

Vivendi, GE Dig in Heels at Talks over Price for NBC Universal Stake

Stevie Converse — Mon, 23 Nov 2009 08:04:09 -0500

Full article: Wall Street Journal
Max Colchester and Sam Schechner
General Electric and Vivendi are wrangling over a price difference of several hundred million dollars as the French conglomerate seeks to sell its minority stake in NBC Universal. The talks have delayed a deal that would give Comcast control of NBC Universal.

Comcast NBC Deal Held Up by Various Issues-Sources

Lindsy Embree — Fri, 30 Oct 2009 08:12:00 -0400

Full article: Forbes
Anupreeta Das and Jui Chakravorty Das
Comcast and General Electric are struggling to iron out a few critical issues that are holding up a joint venture deal for NBC Universal. While an agreement will likely be reached to give Comcast a 51 percent stake in NBC Universal, advisers are trying to draft governance and exit provisions for GE's 49 percent stake that would be palatable to both sides.

Vivendi in Talks to Unload NBC Stake

Stevie Converse — Fri, 23 Oct 2009 08:46:21 -0400

Full article: Wall Street Journal
Sam Schechner and Jefferey McCracken
General Electric and Vivendi are about $500 million apart in talks over what Vivendi should be paid for its minority stake in television and movie company NBC Universal. That stake is a key element in a potential deal that could give Comcast control of NBC Universal, and eventually usher GE out of the entertainment business.

The Worth of NBC as a Piece of G.E.

Stevie Converse — Mon, 19 Oct 2009 12:20:11 -0400

Full article: New York Times
Rob Cox and Aliza Rosenbaum
General Electric at long last appears ready to part with NBC Universal, the media and entertainment business it assembled through 24 years of management effort -- and at least $33 billion of shareholders’ money.

Vivendi Said to Hold Off on NBC, to Focus on GVT

Stevie Converse — Thu, 15 Oct 2009 11:54:16 -0400

Full article: Bloomberg News
Matthew Campbell
Vivendi SA's board held off on a decision on whether to sell its 20 percent stake in NBC Universal, deferring the first step in General Electric's plan to exit the media unit. At their meeting, Vivendi's directors were focused mostly on the company's possible purchase of Brazil's GVT (Holding) SA.

Comcast/NBC Universal Merger Bad for the Public Interest

Stevie Converse — Wed, 14 Oct 2009 08:06:31 -0400

Full article: Free Press
The merger of Comcast and NBC Universal would create a juggernaut large enough to dictate what programming U.S. consumers can watch, and whether independent and diverse viewpoints will be heard on the largest cable systems and on the Internet. The Department of Justice and the FCC must scrutinize the proposal.

New Media Merger Could Create a Monster

Stevie Converse — Wed, 14 Oct 2009 07:46:24 -0400

Full article: StopBigMedia.com
Meg Tady
It appears that cable giant Comcast is negotiating with General Electric to take over NBC Universal. The deal would potentially give Comcast massive control over TV and online content, as well as a delivery system for that content.