Tag: MERGER

On Tuesday, the FCC and the Department of Justice finally approved a major merger between Comcast and NBC, after more than a year of debate and what federal regulators called the most acute scrutiny a media merger had ever faced. The deal gives Comcast control over NBC Universal's TV and movie subsidiaries, in exchange for about $13.75 billion in cash and assets. Comcast will own 51-percent of ...

Ticketmaster, the bane of Pearl Jam's existence so many moons ago, has just finalized a major corporate merger with Live Nation, the world's largest concert promoter. The financial marriage only went through, however, after the U.S. Department of Justice gave both companies the green light, a full year after the merger was first submitted for governmental approval. According to Wired, the ...

In a somewhat unsurprising move, the FCC has approved the merger of Sirius and XM after protracted -- and incredibly boring -- multi-year negotiations. The Federal Communication Commission decided tonight to allow a deal that will bring the two satellite radio providers together, creating a combined subscriber base of roughly 18 million users. The deal isn't without catches, however, with the ...