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Cable Key to NBC-Uni Deal; In Unusual Structure, Jeffrey Zucker to Oversee Combined Broadcast and Cable Programming.(TV Currents)(a discussion of the merger of NBC's broadcast and cable networks with Vivendi Universal Entertainment)
- Article from:
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TelevisionWeek
- Article date:
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October 6, 2003
- Author:
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;
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Copyright informationCOPYRIGHT 2003 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Jay Sherman and John Motavalli
The definitive merger agreement that General Electric's NBC and French conglomerate Vivendi Universal are expected to sign this week, combining NBC's broadcast and cable networks with Vivendi Universal Entertainment, is expected to create a show business behemoth with synergies that promise to alter the complexion of the entertainment industry.
The $14 billion all-equity deal will not actually be final until the second quarter of 2004, following regulatory approval in the United States and France. However, that is not expected to be a major roadblock. The key was for the two sides to reach agreement on a number of thorny issues, ...
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