NBCUniversal

NBCUniversal Media, LLC (abbreviated as NBCU and doing business as simply NBCUniversal or Comcast NBCUniversal since 2013) is an American multinational mass media and entertainment conglomerate that is a subsidiary of Comcast and is headquartered at 30 Rockefeller Plaza in Midtown Manhattan in New York City.

NBCUniversal Media, LLC
NBCUniversal
FormerlyNBC Universal, Inc. (2004โ€“2011)
Company typeSubsidiary
Industry
Predecessors
FoundedMay 11, 2004 (May 11, 2004)
HeadquartersComcast Building, ,
U.S.
Area served
Worldwide
Key people
Products
Services
Revenue US$39.2 billion (2022)
Number of employees
35,000 (2020)
ParentComcast
Divisions
Subsidiaries
Websitenbcuniversal.com
Footnotes / references
Evolution of Comcast NBCUniversal
1912Universal Pictures is founded
1926NBC is founded
1953NBC begins first compatible color broadcasts, preceding other networks by nine years
1956NBC's peacock logo debuts
1963American Cable Systems is founded
1967NBC broadcasts the first-ever Super Bowl
1968American Cable Systems rebrands to Comcast
1975Universal releases Jaws
1982Universal releases E.T. The Extra Terrestrial
1972Comcast began trading on the New York Stock Exchange (NYSE)
1985Universal's Back to the Future premieres
1986General Electric buys NBC for $6.4 billion
1989NBC launches CNBC
1990Universal Studios Florida opens
1993Universal's Jurassic Park premieres
1996NBC and Microsoft launch MSNBC
1999Universal Studios Florida expands to become Universal Orlando Resort
2001Grand opening of Universal Studios Japan and Universal's The Fast and the Furious premieres
2002NBC acquires Telemundo and Bravo
Focus Features is formed
Comcast acquires AT&T Broadband for $44.5 billion
2003Universal becomes the first studio with five summer releases breaking the $100 million mark
2004GE and Vivendi merge NBC and Universal into NBCUniversal
2005Comcast and Time Warner Cable acquire Adelphia Cable assets for $17.6 billion
2006USA Network begins 13-year streak as #1 cable network in total viewers
2007Illumination Entertainment is founded
2010Illumination's Despicable Me premieres
2011Vivendi divested in NBCU; Comcast buys 51% of NBCU from GE, turning it into a limited liability company
2013Comcast buys GE's remaining 49% of NBCU
2014Comcast attempts to acquire Time Warner Cable for $45.2 billion
NBCUniversal reaches a new long-term deal with WWE
2016NBCU acquires DreamWorks Animation
2018Comcast acquires Sky
2020NBCU launches Peacock

NBCUniversal is primarily involved in the media and entertainment industry. The company is named for its two most significant divisions, the National Broadcasting Company (NBC) โ€“ one of the United States' Big Three television networks โ€“ and the major Hollywood film studio Universal Pictures. It also has a significant presence in broadcasting through a portfolio of domestic and international properties, including USA, Syfy, Bravo, E!, Telemundo (Spanish), Universal Kids, the streaming service Peacock and ownership stakes in Snap and Vox Media. Via its Universal Destinations & Experiences division, NBCUniversal is also the third-largest operator of amusement parks in the world. Since 2018, its sister company under Comcast's control, Sky Group Limited, holds its media and telecommunication assets.

NBCUniversal was formed on May 11, 2004, beginning on November 8, 2004 as NBC Universal, Inc., with the merger of General Electric (GE)'s NBC with Vivendi Universal's film and television subsidiary Vivendi Universal Entertainment, after GE had acquired 80% of the subsidiary, giving Vivendi a 20% share of the new company. In 2011, Comcast attained 51% and thereby the control of newly reformed NBCUniversal, by purchasing shares from GE, while GE bought out Vivendi. Since 2013, the company has been a wholly owned subsidiary of Comcast, which bought GE's ownership stake.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.