Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

mahatmakanejeeves

(61,195 posts)
44. Not this again?
Wed Sep 3, 2014, 09:57 AM
Sep 2014

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.
Well, yeah. And, not only are they "wrong" .. they LIE.. they always get airtime because Cha Sep 2014 #1
Yeah, Skier101 Sep 2014 #2
And Bezos just screwed WAPO today too. savalez Sep 2014 #3
Saw that. Nothing is going to change as long as voter turnout is controllable. Fred Sanders Sep 2014 #9
Worse, they've covered their bases in case voters do turnout. Scuba Sep 2014 #11
I notice only CBS identifies itself as news media, all the others are under a corporate veil. Fred Sanders Sep 2014 #15
great toon! certainot Sep 2014 #20
Wow that's it BrotherIvan Sep 2014 #26
I know there are some on DU that don't understand this. n/t A Simple Game Sep 2014 #49
K&R silverweb Sep 2014 #4
Damned Liberal Media! n/t Martin Eden Sep 2014 #5
don't forget Clear Channel and Gannet rurallib Sep 2014 #6
Where is Teddy Roosevelt when you need him? EEO Sep 2014 #7
6 corporations controlled by a handful of rich folk looking after their best interests. Fred Sanders Sep 2014 #8
Control the little people by controlling the news they get. And the DEMS are silent because WHY??? blkmusclmachine Sep 2014 #10
+1!!! Until people wake up and realize this fact and decide to do something, they will continue Dustlawyer Sep 2014 #48
Media biz has become a Pravdaesque propoganda machine serving CEOs and our police state whereisjustice Sep 2014 #12
And Sarah Palin couldn't name 1 newspaper. nt RiffRandell Sep 2014 #13
Thread winner! Scuba Sep 2014 #16
"And We'll Take Your Internet, Too!" NBachers Sep 2014 #14
correct. navarth Sep 2014 #17
talk radio, the most important medium in politics the last 25 years and a medium generally certainot Sep 2014 #21
the most important medium is talk radio. all other media are significant for what they leave out. certainot Sep 2014 #18
Great addition to the thread. Thanks! Scuba Sep 2014 #22
Great post - I would add one thing about "liberals ignoring it" Cosmocat Sep 2014 #32
i don't think you can accurately compare liberal radio potential vs their monopoly, heavily certainot Sep 2014 #37
Right Cosmocat Sep 2014 #42
my point is it's a self feeding system- it's there and dominant and the ONLY thing - the style - the certainot Sep 2014 #47
+1 a whole bunch. Wonderful post! Enthusiast Sep 2014 #30
Brilliant post. JDPriestly Sep 2014 #33
Great stuff. Getting a Fairness Doctrine back on board is as essential as getting Citizens United toby jo Sep 2014 #36
think of what he/we could have done the last 6 yrs without it! prob with fairness doc certainot Sep 2014 #39
Is this part of something larger you've written? If so, I'd like to read the rest of it. marble falls Sep 2014 #41
here's some more! certainot Sep 2014 #46
Please post this as a separate thread. Thanks. Excellent post! JDPriestly Sep 2014 #55
Ditto! ancianita Sep 2014 #57
Good stuff, good job getting it down. Thanks for a good piece of journalism. marble falls Sep 2014 #60
Wish I could rec this a million times...wondering, where are The Kochs? Tommymac Sep 2014 #19
I've looked and can only find this...somewhere in there is the media spending. ancianita Sep 2014 #54
Way cool. You rock - Thanks for this! Tommymac Sep 2014 #56
I've known about this kind of thing for years. kentauros Sep 2014 #23
I don't know the actual numbers, Jenoch Sep 2014 #24
It doesn't say these corporations own everything. immoderate Sep 2014 #27
k&r for the truth, however depressing it may be. n/t Laelth Sep 2014 #25
It's all about and always about marym625 Sep 2014 #28
K&R! This post deserves hundreds of recommendations! Enthusiast Sep 2014 #29
We need better laws to prevent monopolies both horizaontal and vertical, and we need JDPriestly Sep 2014 #31
+1. nt OnyxCollie Sep 2014 #50
Now they are all on the air saying Obama is clueless with ISIS. After invading Iraq for 9/11 they B Calm Sep 2014 #34
As someone once called media today: deutsey Sep 2014 #35
Ge does not own comcast MelissainKC Sep 2014 #38
I've had the chart for a while, may be outdated if not flat-out wrong. Thanks for the correction. Scuba Sep 2014 #43
Thank you for exposing the "liberal press". marble falls Sep 2014 #40
Not this again? mahatmakanejeeves Sep 2014 #44
Please see my post #43. Thanks. Scuba Sep 2014 #45
But is it an improvement? Does Comcast's ownership make NBC less biased? Enthusiast Sep 2014 #52
What's NPR's excuse? corkhead Sep 2014 #51
It sure looks like Fascism to me and our militarized police force is mandated to enforce it . geretogo Sep 2014 #53
watching black people on fox news you would think all blacks are conservative and hate obama! jonjensen Sep 2014 #58
1% media. ownership matters. NuttyFluffers Sep 2014 #59
Latest Discussions»General Discussion»This is why the Republica...»Reply #44