Populist Reform of the Democratic Party

mahatmakanejeeves

(67,288 posts)

19. GE completed the sale of NBC two years ago.

Wed Apr 15, 2015, 12:50 PM

Apr 2015

From last September: This is why the Republicans, despite always being wrong, still get the lion's share of airtime

Scroll down to post #44: Not this again?

Every time this is posted - and this is not the first time - I point out that GE does not own NBC anymore.

NBCUniversal

NBCUniversal, Inc. – formerly known as NBCUniversal Media, LLC on January 29, 2011, and NBC Universal, Inc. previously from November 29, 2004 to January 28, 2011, and colloquially referred to as NBCU or NBCUni – is an American media and entertainment company engaged in the production and marketing of entertainment, news, and information products and services to a global customer base. The company owns and operates American television networks, numerous cable channels, and a group of local stations in the United States, as well as motion picture companies, several television production companies, and branded theme parks. It is the world's largest mass media.

NBC Universal was formed in August 2004 by the merger of General Electric's NBC with Vivendi's Vivendi Universal Entertainment. GE and US cable TV operator Comcast announced a buyout agreement for the company on December 3, 2009. Following regulatory approvals, the transaction completed on January 28, 2011. Comcast subsequently owned 51% of NBCUniversal while GE owned 49%. Comcast intended to buy out the rest of GE's stake over the following seven years, but nothing happened until February 12, 2013, when Comcast announced its intention to complete the purchase all at once and assume 100% ownership of the company by the end of March. The deal was finalized on March 19, 2013.

A newer graphic should be available.

ETA: MelissainKC beat me to it. See post #38.

Here's post #38: Ge does not own comcast

Comcast owns NBC and all of the companies listed under GE.

Here's post #52: But is it an improvement? Does Comcast's ownership make NBC less biased?

If it does I haven't noticed it yet.

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Fasten your seatbelts. We're going to experience some turbulence. [View all] NYC_SKP Apr 2015 OP

Sadly kicking and recommending for accuracy and truth in reporting. Enthusiast Apr 2015 #1

K & R The Democratic soul is being sold to the highest 1% bidders. L0oniX Apr 2015 #2

This chart shows the same thing: bvar22 Apr 2015 #28

This message was self-deleted by its author NYC_SKP Apr 2015 #45

Ahhhhgh, the irony, it burns! Make it stop!!!! Cosmic Kitten Apr 2015 #51

Yeah, that's sad brush Apr 2015 #74

Yeah but,,in all fairness....they ARe the only people that have the money. dixiegrrrrl Apr 2015 #53

Irony Alert: Hillary Talks about CEO Compensation! NYC_SKP Apr 2015 #63

That's just simplistic bullshit optics. Darb Apr 2015 #78

I am a Democrat. bvar22 Apr 2015 #91

With You As Well. mylye2222 Apr 2015 #3

Wait, what? There's no Liberal media?!? Cosmic Kitten Apr 2015 #4

a real tough slog.. I'm with ya for the long haul. 2banon Apr 2015 #5

"Long haul" is dead on. Cosmic Kitten Apr 2015 #7

Problem is the party is now centrist and they don't like liberals or progressives. cui bono Apr 2015 #66

"The Party" is an interesting concept Cosmic Kitten Apr 2015 #72

Message auto-removed Name removed Jul 2015 #99

The financial consolidation worries me a lot more than the media consolidation. Gidney N Cloyd Apr 2015 #6

Why? Where does the "feed" come from? Cosmic Kitten Apr 2015 #9

But what actually is the status quo? It's about making money and they'd all still be chasing the... Gidney N Cloyd Apr 2015 #24

Some good points! Cosmic Kitten Apr 2015 #31

Not too many years ago, we had several hundred, bvar22 Apr 2015 #90

Not several hundred giants, but it was possible once to thrive as an independent or small group. Gidney N Cloyd Apr 2015 #92

We didn't neeed several hundred giants... bvar22 Apr 2015 #93

That technical separation was definitely a good thing but I'd be careful to not over-romanticize it. Gidney N Cloyd Apr 2015 #94

Fantastic.. KoKo Apr 2015 #8

How do we help encourage an appetite for diverse "news"? Cosmic Kitten Apr 2015 #10

I know what I would like to do. zeemike Apr 2015 #16

AWESOME! I cut the cable myself... Cosmic Kitten Apr 2015 #21

i have been off the drug for over 5 years now. zeemike Apr 2015 #26

+1 Woo Hoo... right there too! Cosmic Kitten Apr 2015 #33

It's hard, even book publishers and awards can be jacked up for political purposes these days. AtheistCrusader Apr 2015 #84

I would be right behind you! I cut mine in 2004 and never looked back. arcane1 Apr 2015 #29

Some of us have tried here on DU.. KoKo Apr 2015 #18

Good points. Two issues come to mind. Cosmic Kitten Apr 2015 #35

MESSAGING. MESSAGING. That is so important!!!! Critically important!!! And so far calimary Apr 2015 #39

Office Supplies, we need office supplies ;~) Cosmic Kitten Apr 2015 #46

It's great to be on the right side of this with the best people, KoKo! NYC_SKP Apr 2015 #55

Kicking to keep at top of my posts. nt NYC_SKP Apr 2015 #97

Huge K&R! Phlem Apr 2015 #11

Makes me ill..... a kennedy Apr 2015 #12

I'm with ya. zeemike Apr 2015 #13

saved and bookmarked heaven05 Apr 2015 #14

Careful with it. AtheistCrusader Apr 2015 #77

The bank merger chart.... AlbertCat Apr 2015 #15

You might want to start checking out the socialist group here. F4lconF16 Apr 2015 #17

Do you favor a parlimentary system and the demo-socialist systems of Europe? brush Apr 2015 #75

No, I do not. F4lconF16 Apr 2015 #80

Thanks for the link. brush Apr 2015 #82

Um... F4lconF16 Apr 2015 #83

GE completed the sale of NBC two years ago. mahatmakanejeeves Apr 2015 #19

So now Comcast owns NBC?? I can't say that's much of an improvement :( arcane1 Apr 2015 #30

The chart needs to be revised but it doesn't change the fact that a small number KoKo Apr 2015 #38

Thanks. I remember when it was the "Big Ten" of media consolidation. NYC_SKP Apr 2015 #42

Excellent post MissDeeds Apr 2015 #20

And none other than Bill Clinton signed the media consolidation bill that helped make this JDPriestly Apr 2015 #22

You don't need to ask... Cosmic Kitten Apr 2015 #36

I am with you and thanks for posting. The HRC supporters want 8 more years of the continuation rhett o rick Apr 2015 #23

Does anyone know who owns the Comedy Channel or why Jon Stewart is leaving the Daily Show? JDPriestly Apr 2015 #25

I think Viacom owns Comedy Central, and I'm willing to take Jon at his word arcane1 Apr 2015 #32

Overly simplified - how many votes can "Citicorp" cast? George II Apr 2015 #27

Citizens United, PACs, Diebold there are oodles of ways to influence votes. NYC_SKP Apr 2015 #34

How much advertising can they buy? Cosmic Kitten Apr 2015 #37

And their book publishing "divisions" don't even make the list, notes this (former?) author villager Apr 2015 #40

We do have options away from this paradigm Fritz Walter Apr 2015 #41

I am! nt Duval Apr 2015 #43

the campaign season is too long by a year. SleeplessinSoCal Apr 2015 #44

Repeal is not gonna happen Cosmic Kitten Apr 2015 #48

That's the spirit!!! SleeplessinSoCal Apr 2015 #67

Yep. Decentralize as well. Cosmic Kitten Apr 2015 #73

George Carlin had some choice words on this phenomenon. robertpaulsen Apr 2015 #47

I have used this media graphic ashling Apr 2015 #49

Oligarchy States of America, and all issues go the same route, straight to the l%. mother earth Apr 2015 #50

I'm in! Awesome charts! Bookmarked and Rec'd! Dont call me Shirley Apr 2015 #52

great OP. K&R! blackspade Apr 2015 #54

It's folly to think that the 1% wouldn't buy out BOTH Parties. blkmusclmachine Apr 2015 #56

Exactly, blkmusclmachine. We are being PLAYED. It's pretty obvious. NYC_SKP Apr 2015 #58

They don't even have to spend that much. Especially when you look harun Apr 2015 #61

100% with you marym625 Apr 2015 #57

+1 bravenak Apr 2015 #59

I wish that were true! marym625 Apr 2015 #95

What's wrong with 'Mrs. Robinson?' onehandle Apr 2015 #60

So, basically save my piddly $50 donations? Lifelong Protester Apr 2015 #62

Any funds I spend will go to a different candidate, a Progressive candidate. NYC_SKP Apr 2015 #64

And, if Hillary is the primary nominee? Then what? AtheistCrusader Apr 2015 #85

Flat busted. I just paid $7,000 in taxes and $9,200 in medical, just this week. NYC_SKP Apr 2015 #86

I have no idea who you are in real life. AtheistCrusader Apr 2015 #88

great post! whereisjustice Apr 2015 #65

I remember how pissed off Security Pacific customers were when BofA took over.... Spitfire of ATJ Apr 2015 #68

Excellent information and I am with you. nt truckin Apr 2015 #69

And look no further than this article... drokhole Apr 2015 #70

K&R With you the only way one can be. By not assisting & funding those against you. nt raouldukelives Apr 2015 #71

It's too bad these infographics can't make points without lying. AtheistCrusader Apr 2015 #76

Times change, at one time all six commercial stations in Minot were ClearChannel stations. NY Times: NYC_SKP Apr 2015 #79

Your infographic was made in October 2011. Your counter 'source' is from 200*3*. AtheistCrusader Apr 2015 #81

And your point is exactly what? Does a dated figure or two negate the thrust of the argument? NYC_SKP Apr 2015 #87

My point is what it was in my first response. The infographic is wrong. AtheistCrusader Apr 2015 #89

Thanks for this bookmarked for future reference forever JonLP24 Apr 2015 #96

K&Rd, and Pinned forever /nt demwing Jul 2015 #98

This message was self-deleted by its author fadedrose Aug 2015 #100

A Cure for the "Infected" Trump's First 28 Days: LoganOneNation Jan 2017 #101