Cable giant Comcast finally has its content deal, making official an agreement with General Electric Thursday morning that will give the largest U.S. cable operator a 51 percent stake in a joint venture that combines Hollywood player NBC Universal with Comcast’s content assets.
The agreement values NBCU in its current form at $30 billion. This compares with the $43 billion valuation that formed the basis of the 2003 deal that created NBCU in its current configuration.
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