Well, the rumored deal has become fact. A few short days after GE cleared the last hurdle by buying out minority partner Vivendi, the parent company of NBC Universal has sold a majority of its stake in NBCU to the nation’s largest cable television provider, Comcast. The deal will initially be a 51/49 split, with the idea being that Comcast will slowly raise its stake in NBC Universal over the coming years. The deal turns the already dominant Comcast into an even more significant player in the cable television field, but it’s not all bad (thought it probably is pretty bad). After all, TV Squad points out 5 changes that Comcast could make to NBC that would make the network a better property.
That’s the one good thing about network change-overs. When you move stuff around at the top, the new executive can pretty much do whatever he or she wants. Then again, change-overs in the Comedy Central/Sci-Fi Channel top brass caused my favorite show of all time, Mystery Science Theater 3000, to be cancelled repeatedly. So it’s not all good. But in this case, it could be.
Case in point: all I’ve ever wanted is a 24-hour, uncensored horror channel. Comcast property FearNet does this, on-demand style. NBCU’s Chiller is a horror channel, but it isn’t uncensored and features a lot of old TV shows. If they could somehow work more FearNet content into Chiller, then I’d finally get my dream. I doubt the soul-sucking corporate vamptopus will do anything that awesome, though.
Image: Boing Boing
Tags: mergers, television, cable television, broadcast television, NBC Universal, Comcast, NBCU, General Electric, GE, Comcast buys NBC