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Posts Tagged ‘GE’

Bloomberg Media Adds GE Exec Paul Marcum

bloomberg_logoBloomberg Media has named Paul Marcum its head of global digital innovation, a new role at the company. Marcum comes to Bloomberg Media from GE, where he has served as director of digital marketing and programming for the past three years.

In a memo to staffers that was obtained by Digiday, Justin Smith — Bloomberg Media’s CEO — said Marcum will “devise and implement digital product and commerce strategies across all platforms.”

Marcum joins Bloomberg January 13.

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Comcast Purchase Of NBCU Stake A Done Deal?

nbcu.jpgThe 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?

Will Comcast Buy NBC Universal From GE?

nbcu.jpgRumors, theories and conjectures have been swirling since The Wrap reported yesterday that a deal between cable provider Comcast and GE-owned NBC Universal “had already been completed at a purchase price of $35 billion.”

But reps from Comcast later told Bloomberg, “the report that Comcast has a deal to purchase NBC Universal is inaccurate.”

However, that same report revaled that “negotiations for Comcast to buy about 50 percent of NBC Universal have been under way for at least two months.” Such a deal would depend on whether French company Vivendi SA decides to sell its 20 percent stake in NBCU.

After the jump, what some people around the industry are saying about the possible deal.

Update: Our sister blog TVNewser has an email from NBCU CEO Jeff Zucker to employees. Of the future of Vivendi’s stake, Zucker said, “They have not yet made us aware of any final decisions about their future with us; should they choose to exit, there are a number of possible things that could happen.”

Read more

LAT In 90 Seconds

31866358-03175819.jpgPerson We’re Most Jealous Of Today: Deborah Netburn. That lucky so-and-so got get her fangirl on at Wondercon last week, where she heard Gillian Anderson, David Duchovny and X-Files creator/deity Chris Carter talk about the new X-Files film coming out this summer. Well, actually, she didn’t get to hear much. “The fans screamed throughout the whole 45 minutes.”

dfastex.jpegAnd You Thought Insurance Companies Just Got In The Way Of Life-Saving Medical Procedures: Turns out, they also have a terrible effect on Indie films. Maybe Hillary should refocus.

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Never Mind: Former GE exec Beth Comstock is now current GE exec Beth Comstock. The marketing chief who was sent to NBC Universal HQ two years ago, never really fit in, so she’s back at her previous post. That’s gotta be kinda weird for her.

Perez Hilton–Up like the Rocket, Down Like the Stick?

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Perez Hilton continues his domination of the celeb blogosphere. And of course, he was the first to share the happy news yesterday by letting readers know that he set another traffic record to his PerezHilton.com with 8.82 million page views in 24 hours. In his post, he credited the high volume to “building momentum and keeping it going from the wonderful media attention” he’s managed to snag in recent weeks. Of course it helps that the main names he covers have had a rough few weeks (hello, Britney and Lindsay).
A profile in the New York Times doesn’t hurt, either. In the article, TMZ topper Harvey Levin called him “edgy” and “aggressive” and the writer noted that he makes enough money to employ family members and pay for a two-bedroom apartment in a gated community.

So where does he go from here? A close friend of FBLA who works at a famous magazine reminded me that all the NYT glory comes with a price.

Everyone knows that once they do a story about you and all the old white people know who you are, you’re on your way down. You’re no longer edgy or hot.

We’ll see…

Chris Gardner, GE