Comcast, GE Agree On NBC Universal Valuation Comcast cleared a hurdle Sunday toward the cable giant buying NBC Universal, General Electric's TV and film subsidiary. The two companies agreed NBC Universal is worth about $30 billion. Now, they have to convince French media conglomerate Vivendi, which owns 20 percent of NBC Universal, to sign onto the deal.
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Comcast, GE Agree On NBC Universal Valuation

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Comcast, GE Agree On NBC Universal Valuation

Comcast, GE Agree On NBC Universal Valuation

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STEVE INSKEEP, Host:

NPR's business news starts with a media merger edging closer.

(SOUNDBITE OF MUSIC)

INSKEEP: Now the two sides have to convince the French media conglomerate Vivendi to sign on because Vivendi's a part owner of NBC Universal and has not yet agreed. Comcast sees NBC Universal's media content as a good fit for its cable service.

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