Tags: us | comcast | nbc

Comcast: No Plans to Sell Fourth-Place NBC Network

Monday, 07 Dec 2009 11:06 AM

 

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink

NEW YORK -- Comcast executives say they have no plans to sell NBC Universal's broadcast TV business when they take control of the company.

Speaking Monday at the UBS media conference in New York, Comcast CEO Brian Roberts acknowledged NBC Universal's cable channels were the driving force behind Thursday's deal to buy a 51 percent stake from General Electric Co. The channels include CNBC and Bravo.

Special: Get Sarah Palin’s New Book – Incredible FREE Offer – Click Here Now.

But he says Comcast's goal will be to improve the fourth-place network's ratings rather than abandon the broadcast business.

Overall, the cable model has emerged stronger during the recession. The slump in advertising sales has hurt the broadcast stations. Cable networks have been able to soften the blow by also drawing fees from cable and satellite providers for carrying the channels.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Methane on Mars Spikes Frequently, but Source Unknown

Tuesday, 16 Dec 2014 13:54 PM

Methane, a gas that on Earth comes mainly from living organisms, spikes regularly on Mars but scientists have not been a . . .

Humanoid Robot Flies Across Atlantic, in Economy Style

Tuesday, 16 Dec 2014 08:09 AM

A humanoid-looking robot named Athena that scientists hope will one day be useful in aiding at disaster sites, like the  . . .

NASA Builds $349M Tower, Then Promptly Mothballs It

Tuesday, 16 Dec 2014 07:28 AM

A massive $349 million NASA tower completed in June has been "mothballed" in Gulfport, Mississippi, without ever being u . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved