02/12/2009
Universal Studios May Sell
Universal Studios executives have been holding possible merger meetings with the cable giant Comcast.
It is proposing to take control of the movie company in a new venture built around its parent, NBC Universal, and Comcast's entertainment channels.
'Windows' have been discussed already - time frames during which pictures can be viewed in theaters, on disc, over subscription cable channels or via video on demand.
Comcast has continued to close in on a deal that would give it control of the entertainment company which is valued at $30 billion.
According to the New York Times, General Electric, which currently controls NBC Universal, would become a minority owner, while buying out a 20% stake held by its partner, Vivendi.
Both Comcast and NBC Universal are keeping quiet and even President, Ron Meyer, and his current boss, Jeff Zucker are saying nothing.
Ailing Universal has not previously been scooped up by companies like Time Warner or the News Corporation, which might have absorbed the company's 4,000-film library while folding its operations into movie units of their own, such as Warner Brothers and 20th Century Fox respectively.
(BMcC/KMcA)
It is proposing to take control of the movie company in a new venture built around its parent, NBC Universal, and Comcast's entertainment channels.
'Windows' have been discussed already - time frames during which pictures can be viewed in theaters, on disc, over subscription cable channels or via video on demand.
Comcast has continued to close in on a deal that would give it control of the entertainment company which is valued at $30 billion.
According to the New York Times, General Electric, which currently controls NBC Universal, would become a minority owner, while buying out a 20% stake held by its partner, Vivendi.
Both Comcast and NBC Universal are keeping quiet and even President, Ron Meyer, and his current boss, Jeff Zucker are saying nothing.
Ailing Universal has not previously been scooped up by companies like Time Warner or the News Corporation, which might have absorbed the company's 4,000-film library while folding its operations into movie units of their own, such as Warner Brothers and 20th Century Fox respectively.
(BMcC/KMcA)
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10 November 2011
Poppies Permitted After PM Pleas
Fifa has capitulated to pressure from the British Prime Minister and Prince William saying it will now permit the wearing of poppies by England, Scotland and Wales football teams to commemorate Remembrance Sunday.
Poppies Permitted After PM Pleas
Fifa has capitulated to pressure from the British Prime Minister and Prince William saying it will now permit the wearing of poppies by England, Scotland and Wales football teams to commemorate Remembrance Sunday.
23 March 2007
Top US shows to be placed online
In a broadside against the rise of video sharing websites, Fox and NBC Universal are set to launch an Internet video distribution network to provide top television and film online.
Top US shows to be placed online
In a broadside against the rise of video sharing websites, Fox and NBC Universal are set to launch an Internet video distribution network to provide top television and film online.
28 October 2013
Two New Trials Of Universal Credit Get Underway
The next phase of Universal Credit, the government's flagship welfare reform, is being launched today. A trial of the new credit scheme, which is to replace six means-tested benefits by 2017, has begun in Hammersmith and Fulham.
Two New Trials Of Universal Credit Get Underway
The next phase of Universal Credit, the government's flagship welfare reform, is being launched today. A trial of the new credit scheme, which is to replace six means-tested benefits by 2017, has begun in Hammersmith and Fulham.
29 April 2013
New Universal Credit Welfare Introduced
The UK Government's shake-up of the welfare system begins today with the launch of its new universal credit payment. According to the BBC, the payment will replace a number of benefits and tax credits, including housing benefit and jobseeker's allowance, into one monthly payment.
New Universal Credit Welfare Introduced
The UK Government's shake-up of the welfare system begins today with the launch of its new universal credit payment. According to the BBC, the payment will replace a number of benefits and tax credits, including housing benefit and jobseeker's allowance, into one monthly payment.
13 March 2015
Staff At North Wales Bus Company Find Company Ceases Overnight
Employees of Western Greyhound in Cornwall have arrived at work this morning to find the company has ceased trading. According to a report by the BBC, around 40 staff arrived for work on Friday morning and found the depot closed.
Staff At North Wales Bus Company Find Company Ceases Overnight
Employees of Western Greyhound in Cornwall have arrived at work this morning to find the company has ceased trading. According to a report by the BBC, around 40 staff arrived for work on Friday morning and found the depot closed.
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Northern Ireland WeatherToday:A chilly start with a widespread frost and some freezing fog, any freezing fog slow to clear. Otherwise bright with sunny spells and coastal showers. Light winds. Maximum temperature 6 °C.Tonight:Coastal showers dying out with a widespread frost developing along with freezing fog, which could become extensive. Winds remaining light. Minimum temperature -3 °C.