Comcast Purchase Of NBCU Stake A Done Deal?

The Wrap‘s Sharon Waxman, who first reported that a deal between cable provider Comcast and GE-owned NBC Universal “had already been completed,” said yesterday that an agreement is “done in principle.”

Reports Waxman:

“What I am hearing from inside and around the deal is that indeed the Comcast deal to buy 51 percent of NBC-Universal is done in principle, but it will be several more weeks before anything official is announced.

‘They’ve all agreed to agree,’ is how one executive with knowledge of the deal put it.”

After Waxman’s first story broke earlier this month, NBCU CEO Jeff Zucker sent an email to staffers that didn’t dispute the possibility of a deal — although it didn’t address any specifics. “It is an exciting time, and these are exciting possibilities,” he said. Read into that what you will.

Now, there a few reports that News Corp. and Liberty Media are also looking into picking up a piece of NBCU. Waxman shoots those rumors down, “Nobody I know believes the latest round of sniffing around the edges of NBC-Universal by NewsCorp or Liberty Media.”

If Waxman is right, we might be hearing an announcement about a completed deal soon. We’ll keep you posted.

Comcast & NBC-U: ‘They’ve All Agreed to Agree’ –The Wrap

Earlier: Will Comcast Buy NBC Universal From GE?

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