NBCUniversal

NBCUniversal Media, LLC
NBCUniversal
FormerlyNBC Universal, Inc. (2004–2011)
Company typeSubsidiary
Industry
Predecessors
FoundedMay 11, 2004; 20 years ago (2004-05-11)
HeadquartersComcast Building,
New York City, New York
,
U.S.
Area served
Worldwide
Key people
Products
Services
RevenueIncrease US$39.2 billion (2022)
Number of employees
35,000 (2020)
ParentComcast
Divisions
SubsidiariesFandango Media (75%)
Websitenbcuniversal.com Edit this at Wikidata
Footnotes / references
[1][2][3][4]

NBCUniversal Media, LLC (abbreviated as NBCU and doing business as simply NBCUniversal or Comcast NBCUniversal since 2013) is an American multinational mass media and entertainment conglomerate that is a subsidiary of Comcast and is headquartered at 30 Rockefeller Plaza in Midtown Manhattan in New York City.[5]

NBCUniversal is primarily involved in the media and entertainment industry. The company is named for its two most significant divisions, the National Broadcasting Company (NBC) – one of the United States' Big Three television networks – and the major Hollywood film studio Universal Studios. It also has a significant presence in broadcasting through a portfolio of domestic and international properties, including USA, Syfy, Bravo, E!, Telemundo (Spanish), Universal Kids, the streaming service Peacock and ownership stakes in Snap and Vox Media. Via its Universal Destinations & Experiences division, NBCUniversal is also the third-largest operator of amusement parks in the world.[6] Since 2018, its sister company under Comcast's control, Sky Group Limited, holds its media and telecommunication assets.

NBCUniversal was formed on May 11, 2004, beginning on November 8, 2004 as NBC Universal, Inc., with the merger of General Electric (GE)'s NBC with Vivendi Universal Entertainment, after GE had acquired 80% of the subsidiary, giving Vivendi a 20% share of the new company.[7][8] In 2011, Comcast attained 51% and thereby the control of the newly reformed NBCUniversal, by purchasing shares from GE, while GE bought out Vivendi. Since 2013, the company has been a wholly owned subsidiary of Comcast, which bought the remainder of the company from GE.[9]

  1. ^ "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.
  2. ^ "4Q17 Earnings Release with Tables". Archived from the original on June 24, 2018. Retrieved June 24, 2018.
  3. ^ "Quarterly report for the period ended March 31, 2017". Archived from the original on July 25, 2018. Retrieved July 25, 2018.
  4. ^ 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.
  5. ^ "NBC Universal to sell Burbank, Calif, studio". MarketWatch. October 11, 2007. Archived from the original on June 8, 2011. Retrieved August 28, 2009.
  6. ^ "TEA/AECOM 2017 Global Attractions Attendance Report" (PDF). May 17, 2018. Archived from the original (PDF) on May 19, 2018. Retrieved April 22, 2019.
  7. ^ "NBC closes merger with Universal". NBC News. May 12, 2004. Retrieved August 25, 2024.
  8. ^ 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.
  9. ^ 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.