News Corp., Liberty interested in NBC Uni

Comcast has been in talks with the company

NEW YORK -- Rupert Murdoch's News Corp. and John Malone's Liberty Media are interested in NBC Universal, according to a report by CNBC, citing sources.

Cable company Comcast has been widely reported to be in talks with NBC Universal parent General Electric to buy a controlling stake in the broadcast, cable and movie company.

Under the proposed deal, NBC Universal would become a joint venture 51% owned by Comcast and 49% by GE.

But GE, which has been pressured by investors to offload its 80% stake in NBC Universal, is considering a host of proposals for NBC Universal, as partner Vivendi SA whether to sell its 20% stake.

News Corp, which owns the Fox TV network and the Wall Street Journal, had been seen as a less likely bidder, analysts have said, because taking a stake in NBC might raise antitrust concerns with the U.S. government.

Liberty Media has been seen as possible bidder for a minority stake in NBC Universal because of its history of taking minority stakes in big media companies.

Spokespeople for GE, Comcast and News Corp. were not available for comment. A spokeswoman for Liberty Media declined comment.
comments powered by Disqus