NBCUniversal
Logo used as of January 31, 2011, after Comcast acquired a controlling stake in the company. | |
NBCUniversal's headquarters at the Comcast Building (30 Rockefeller Plaza) in New York City | |
| NBCUniversal | |
| Formerly | NBC Universal, Inc. (2004–2011) |
| Company type | Subsidiary |
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| Predecessors |
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| Founded | May 11, 2004 |
| Successor | Versant (most cable networks) |
| Headquarters | Comcast Building, , |
Area served | Worldwide |
Key people |
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| Products | |
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| Services |
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| Revenue | US$39.2 billion (2022) |
Number of employees | 35,000 (2020) |
| Parent |
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| Divisions |
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| Subsidiaries | Fandango Media (75%) |
| Website | nbcuniversal |
| Footnotes / references [1][2][3][4] | |
NBCUniversal Media, LLC (abbreviated as NBCU and doing business as NBCUniversal or Comcast NBCUniversal since 2013) is an American multinational mass media and entertainment conglomerate that is a subsidiary of Comcast and headquartered at 30 Rockefeller Plaza in Midtown Manhattan in New York City.[5] It is mostly involved in the media and entertainment industry, named for its two most significant divisions: the National Broadcasting Company (NBC)—one of the United States' Big Three television networks—and Universal Pictures, one of the major Hollywood film studios.
It also has a significant presence in broadcasting through a portfolio of domestic and international properties, including USA, Syfy, Bravo, Oxygen, E!, Telemundo, Golf Channel, CNBC, Universo, the streaming service Peacock and ownership stakes in Snap Inc. and Vox Media. Via its Universal Destinations & Experiences division, NBCUniversal is also the third-largest operator of amusement parks in the world.[6]
NBCUniversal was created on May 11, 2004, as NBC Universal, Inc. on November 8, 2004, when Vivendi sold 80% of Universal Pictures to the now-defunct General Electric, NBC's then-owner.[7][8] The sale gave Vivendi a 20% stake in NBC Universal, while GE held the remaining 80%. Comcast attained 51% and thereby control of the newly reformed NBCUniversal in 2011, by acquiring shares from GE, with GE buying out Vivendi's stake. Since 2013, the company is completely owned by Comcast, which bought the remaining 49% of the company from GE.[9]
- ^ "Comcast and GE Complete Transaction to Form NBCUniversal, LLC" (Press release). Comcast Corporation and General Electric Company. January 29, 2011. Archived from the original on February 9, 2011. Retrieved January 29, 2011.
- ^ "4Q17 Earnings Release with Tables". Archived from the original on June 24, 2018. Retrieved June 24, 2018.
- ^ "Quarterly report for the period ended March 31, 2017". Archived from the original on July 25, 2018. Retrieved July 25, 2018.
- ^ James, Meg (April 27, 2017). "NBCUniversal earnings soar, boosted by hit movies and Universal Studios crowds". Los Angeles Times. Archived from the original on August 26, 2018. Retrieved August 15, 2018.
- ^ "NBC Universal to sell Burbank, Calif, studio". MarketWatch. October 11, 2007. Archived from the original on June 8, 2011. Retrieved August 28, 2009.
- ^ "TEA/AECOM 2017 Global Attractions Attendance Report" (PDF). May 17, 2018. Archived from the original (PDF) on May 19, 2018. Retrieved April 22, 2019.
- ^ "NBC closes merger with Universal". NBC News. May 12, 2004. Retrieved August 25, 2024.
- ^ Keating, Gina (December 3, 2009). "TIMELINE: NBC, Universal through the 20th century and beyond". Reuters. Archived from the original on December 8, 2009. Retrieved December 24, 2009.
- ^ Lieberman, David (March 19, 2013). "Comcast Completes Acquisition Of GE's 49% Stake In NBCUniversal". Deadline. Archived from the original on March 27, 2019. Retrieved February 25, 2019.