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Sale Process Of NBC Universal To Comcast Confirmed By CNBC

Tyler Durden's picture




Developing story: David Faber reports Comcast would end up owning 51% of NBC Universal. Ironically, this may finally make CNBC somewhat objective. More importantly, over/under on Dennis Kneale contract extension?




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Thu, 10/01/2009 - 13:18 | Link to Comment Anonymous
Thu, 10/01/2009 - 13:20 | Link to Comment Anonymous
Thu, 10/01/2009 - 13:20 | Link to Comment Anonymous
Thu, 10/01/2009 - 13:23 | Link to Comment mule65
mule65's picture

What's wrong?  In a nutshell:

Schwing files for bankruptcy

Thu, 10/01/2009 - 13:23 | Link to Comment etrader
etrader's picture

Expect more Prime time Mandy Drury then :-)

Thu, 10/01/2009 - 13:24 | Link to Comment Screwball
Screwball's picture

They should keep Beaker and make him a janitor.  He can clean up the crap the rest of them spew.

Thu, 10/01/2009 - 13:25 | Link to Comment MyKillK
MyKillK's picture

Is GE going to own the other 49%?

Thu, 10/01/2009 - 13:26 | Link to Comment Anonymous
Thu, 10/01/2009 - 13:33 | Link to Comment Anonymous
Thu, 10/01/2009 - 13:38 | Link to Comment Green Sharts
Green Sharts's picture

Why would anybody expect Comcast to change CNBC for the better?

http://en.wikipedia.org/wiki/Comcast

 

Reputation for poor customer satisfaction

There have been many reported incidents with individual customers describing less than satisfying interactions with Comcast's customer services. These include situations with a technician falling asleep on the job,[44] customers having to spend hours on the phone to fix simple problems, and sending a bill addressed to "Bitch Dog" to a customer who had recently complained about her service.[45] On October 15, 2007, a 75-year old Comcast customer named Mona Shaw entered her local Comcast offices with a hammer and destroyed some office equipment before being arrested and fined for damages. Mrs. Shaw was angry and frustrated due to a previous encounter with Comcast customer service in which she and her husband wanted to speak with the manager and were forced to wait outside the offices for two hours before being informed that the manager had already gone home.[46][47] Comcast's customer service quality has prompted several individuals to create blogs and websites dedicated to informing the public of Comcast's service, including one run by media columnist Bob Garfield.[48]

In 2004 and 2007, the American Customer Satisfaction Index survey found that Comcast had the worst customer satisfaction rating of any company or government agency in the country, including the Internal Revenue Service.[49] Comcast's Customer Service Rating by the ACSI surveys indicate that the company's customer service has not improved since the surveys began in 2001. Analysis of the surveys states that "Comcast is one of the lowest scoring companies in ACSI. As its customer satisfaction eroded by 7% over the past year, revenue increased by 12%." The ACSI analysis also addresses this contradiction, stating that "Such pricing power usually comes with some level of monopoly protection and most cable companies have little competition at the local level. This also means that a cable company can do well financially even though its customers are not particularly satisfied."[50][51]

Thu, 10/01/2009 - 15:22 | Link to Comment Hephasteus
Hephasteus's picture

If they go mind control via cable TV you can bet you LAST dollar that Comcast will do it. They are THAT EVIL.

Thu, 10/01/2009 - 17:30 | Link to Comment Anonymous
Thu, 10/01/2009 - 13:41 | Link to Comment TenDollarTommy
TenDollarTommy's picture

Ha! Forrest gump will be Valedictorian before CNBC is objective. They do still have Kudlow and those complete ninnies on at lunch time, don't they ?

Thu, 10/01/2009 - 13:42 | Link to Comment jm
jm's picture

Maybe now people will begin to appreciate the finer qualities of Dierdre Bolton and Betty Liu.

 

Thu, 10/01/2009 - 13:54 | Link to Comment chunkylover42
chunkylover42's picture

Dierdre is kinda hot, IMO.

Thu, 10/01/2009 - 16:02 | Link to Comment jm
jm's picture

Second that.  Robo, little help here...

Thu, 10/01/2009 - 17:32 | Link to Comment Anonymous
Thu, 10/01/2009 - 20:55 | Link to Comment Miles Kendig
Miles Kendig's picture

i was expecting that on the MILF slot a couple of day ago. One of her black dress, boots & hose days

Thu, 10/01/2009 - 19:33 | Link to Comment Anonymous
Thu, 10/01/2009 - 13:42 | Link to Comment digalert
digalert's picture

Will they still have the same passion for GE jet engines? The last one I bought is still collecting dust.

Thu, 10/01/2009 - 13:45 | Link to Comment Anonymous
Thu, 10/01/2009 - 13:46 | Link to Comment Careless Whisper
Careless Whisper's picture

The synergies are perfect:

http://g4tv.com/2m2mm/

 

Thu, 10/01/2009 - 13:54 | Link to Comment Chief Hatuey
Chief Hatuey's picture

is it just me or is this not just more of the same. One conglomerate in bed with another.

I dropped my Comcast cable and Internet because of the following:

Speaking with Comcast's customer service reps they can tell you what televisions you have on in your home and control the cable box remotely. What else can they do or info can they gather on you?

If the mainstreet media is as crooked as we all know they are than why should we expect unbiased reporting? The powers that be would only allow a sale that would keep their powers in place or improve them.

 

"What I want.....is justice!"

 

Thu, 10/01/2009 - 14:12 | Link to Comment Anonymous
Thu, 10/01/2009 - 14:15 | Link to Comment TenDollarTommy
TenDollarTommy's picture

Oh, did I forget to mention that other stock market magician, Ron Insana? What is that dope doing back on the air? I'd rather hear Gail Dudek or Louise (Loser) Yamada tell me where the market will go and then hear a quick economic recap from my favorite tv dumb economist -- Diane Swonk!!

Actually, I watch Bloomie Tv even though it's boring, it gives some actual info in tiimely fashion.

Thu, 10/01/2009 - 14:20 | Link to Comment Anonymous
Thu, 10/01/2009 - 14:34 | Link to Comment lizzy36
lizzy36's picture

How about contract negated. Regardless of the line I will put $1m on under.

Thu, 10/01/2009 - 14:52 | Link to Comment zarrmax
zarrmax's picture

I've gotta take the over on the Beaker contract. GE is a bloated pig and comcast is competely inept. I figure 2 years will pass before the "synergies" come to pass and comcast even figures out CNBC is a joke. I'd say another year before they figure out how to fix it. Figure 6months for pink slip notification. all in all 3.5 years before Beaker gets cut....

Thu, 10/01/2009 - 15:15 | Link to Comment NHL
NHL's picture

Selling assets is what GE will be doing for a while to cover the hole

Thu, 10/01/2009 - 16:00 | Link to Comment Anonymous
Thu, 10/01/2009 - 16:36 | Link to Comment pigpen
pigpen's picture

How can comcast buy GE's NBC when they are rumored to be buying Dish Networks? Isn't the company already levered to the max? How are they going to be buying two companies and adding to their debt loads.

This I gots to see.

Cheers,

Pigpen

Thu, 10/01/2009 - 17:38 | Link to Comment Anonymous
Thu, 10/01/2009 - 16:58 | Link to Comment phaesed
phaesed's picture

I think they should dress him in a monkey suit and make him dance with tiny cymbals strapped to his hand.... have Boobs McGee dress up as an old italian and wearing a fake black moustache (with that chin, it'll be convincing).

Thu, 10/01/2009 - 17:13 | Link to Comment Lionhead
Lionhead's picture

Objective? I doubt it. Combining will most likely make the dying horse jump up for awhile, but ultimately it will die someday. All the corporate MSM outlets are a dying breed. Eventually, they'll all end up at the "soap" factory.

CNBC in its current form should be liquidated; sweep out all the cock roach personnel and sell the assets to a private company that wants to be in the financial news business. The quality folks will easily find jobs whilst the others can collect unemployment with all the other folks. Their brand is tainted, their style of news is corrupt. Good riddance...

Thu, 10/01/2009 - 20:53 | Link to Comment Miles Kendig
Miles Kendig's picture

Will he get shuffled to color commentary at the MSG..

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