Mar 12 2010

NBC-Comcast deal comes under Justice Department, FCC scrutiny

We can’t say we didn’t warn you. Looks like the kids at Comcast have to answer some questions over at the Justice Department — and the FCC — before they get their hands on NBC. Both agencies have pledged to “examine the transaction closely,” says AP, being ever-vigilant as they are to protect consumers and competition in this free market society of ours. The review could last upwards of a year, but if that means that 2011 could see the debut of NBC-Universal’s “Comcastic!” theme parks, it will all have been worth it.

NBC-Comcast deal comes under Justice Department, FCC scrutiny originally appeared on Engadget on Fri, 12 Mar 2010 10:24:00 EST. Please see our terms for use of feeds.

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Dec 18 2009

Hulu to stream reality show internationally, incessantly

See this forlorn-looking male model? He’s got a lot on his mind. Really, he’s just like the rest of us — a starry-eyed dreamer who’s headed to Hollywood in search of fame and fortune. To this end, he’s shacked up with four fellow photogenic wannabes in a Hollywood crash pad where they’ll be webcast 24-7 for Simon Fuller’s new Internet-only talent show, If I Can Dream. In addition to weekly episodes broadcast on Hulu, voyeurs viewers will be able to watch the action in the house live, as it goes down. You see, Hulu (who’s not had much luck getting a foothold outside of the states) will be streaming the thing to select international markets in an attempt to spread their brand and influence worldwide. Will it work? Who knows? Besides, Jersey Shore is more our speed. PR, video after the break.

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Hulu to stream reality show internationally, incessantly originally appeared on Engadget on Fri, 18 Dec 2009 12:07:00 EST. Please see our terms for use of feeds.

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Dec 3 2009

Comcast takes control of NBC, promises not to crush Hulu

As expected, Comcast announced its buyout of NBC this morning, and we have a few details of interest to Engadget readers and fans of rom-coms alike. Essentially, Comcast now owns 51 percent of NBC-Universal to GE’s 49 percent and will manage the entity — leveraging the newly acquired content with their infrastructure. On an investor call (reported by All Things Digital) a short time ago, Comcast CEO Brian Roberts emphasized that the company bought “a bunch of profitable cable channels” and “some theme parks, too” (we think that last part was a joke). Not so funny, of course, is the film studio that’s seen better years and the broadcast network that’s been described elsewhere as “faltering.” When asked about TV Everywhere and Hulu, Comcast COO Steve Burke notes that “NBC has been careful not to put too much cable content on the Internet. We think that’s a smart strategy… We think that going forward, you’re going to continue to have free broadcast stuff on Hulu, and cable stuff on TV Everywhere.” As for rumors of Hulu Premium? “That’s certainly not in the cards.” Web-based TV fanatics will be pleased to note that Roberts appears to be in your court: “We love Hulu and have no intent to crush it like a bug.” That’s all well and good, but as we know nothing’s final until the government has its say: the FCC, the Federal Trade Commission, and the Justice Department are all sure to have strongly held opinions on the matter. PR after the break.

Update:
The “crush it like a bug” comment was actually just some editorializing from Peter Kafka at All Things Digital — but we’re certain Steve Burke has only love in his heart for Hulu.

Continue reading Comcast takes control of NBC, promises not to crush Hulu

Comcast takes control of NBC, promises not to crush Hulu originally appeared on Engadget on Thu, 03 Dec 2009 11:29:00 EST. Please see our terms for use of feeds.

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Dec 1 2009

Comcast deal to buy NBC is done, will be announced Thursday

We told you we had a feeling this thing was happening — less than a day after GE consolidated ownership of NBC Universal in preparation to spin it off and sell a controlling stake to Comcast, CNBC is reporting that the deal is actually done and will be announced Thursday morning. As rumored from the start, Comcast will now own 51 percent of NBC to GE’s 49 percent, and the new company will fold in Comcast’s various content assets, which means the new NBC will rival Disney in size. That’s a big enchilada, and it should make the future of Comcast initiatives like TV Everywhere extremely interesting. Of course, all this still has to go through the FCC and FTC, and we wouldn’t expect anything to be approved and finalized for a year, but none of that takes away from the magnitude of this deal. We’ll obviously know more in a couple days, stay tuned.

Comcast deal to buy NBC is done, will be announced Thursday originally appeared on Engadget on Tue, 01 Dec 2009 18:10:00 EST. Please see our terms for use of feeds.

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