Hulu could go paid sometime next year

Hulu could go paid sometime next year
News Corporation has already hinted that they are planning a subscription based model for the Hulu service in which they are partnering with other media giants ABC and NBC.
The company has now hinted that the new model could be launched as early as next year as they [...]

Comcast in talks to acquire NBC Universal!

Comcast in talks to acquire NBC Universal!
Market sources say that Comcast is in talks with GE to acquire their NBC Universal unit.
NBC Universal is made up of several properties including: NBC broadcast network, Universal movie studio, and a couple of television channels.
Comcast has denied these market reports. Sources however claim that the [...]

NBC Universal to cut costs to stay competitive

NBC Universal to cut costs to stay competitive
NBC Universal has revealed that they are planning to cut costs to stay competitive in these tough times.
The media giant is planning to cut spendings by $500 million next year. This comes to around 3% of their annual spendings.
NBC Universal CEO Jeff Zucker wrote in a memo sent [...]

NBC Universal acquiring The Weather Channel from Landmark Communications

NBC Universal acquiring The Weather Channel from Landmark Communications
NBC Universal has announced that they are collaborating with Bain Capital and Blackstone Group to acquire The Weather Channel from Landmark Communications.
They have not disclosed the financial aspects of the deal though sources hint towards a value of somewhere around $3.5 billion in cash.
The deal includes the [...]

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