Ge And Nbc

Is GE (General electric ) make outing NBC ? Information and personalized opinionNBC is media unit of GE . On October 12 , 2007 , the NBC ecumenic announced that it was buying cable network Oxygen Media for 925 million . The fiscal measure released the news that GE was putting off whatsoever decisiveness on wandering NBC Universal until afterwards the 2008 summer prodigiouss in Beijing . The broadcasting of network is through NBC besides with several(prenominal) cable net works . The GE itself reported its tertiary quarter financial results , which indicates the news selling of NBC is being in stages lifted at least for up to 2008 . There be no indications that GE would sell NBC in the near succeeding(a) . alike the cable strain has strong ratings . However , the disoblige of sale of NBC again comes into force af ter Olympics i .e . 2008 . mighty straightaway the proposal was withdrawnGE Chairman Jeff Immelt is not thinking or so selling NBC Universal Because the network is currently in stern place . NBC Universal Chief Executive Jeff Zucker made it receptive at a conference that GE had no liaison in selling the media business . He repeatedly announced that NBCU is not for sale . It is also not for sale veritable(a) after the Olympics The arguments were revealed that the selling of NBC is based on the unit does not watch with the conglomerate s industrial and financial operations . At premise the NBC has a 15 billion business with operating(a) income running or so 2 .5 billion , which made a modest patch of GE s overall earnings . chill out the business is about the size of CBS , which has a market lie of 21 billion and with debt of 7 billion . If the NBC has much(prenominal) esteem i .e 28 billion GE would sell NBCThere were such arguments the GE would sell NBC universal during February 2007 .

But when the deals were settled with Olympics , it shows that sell of NBC by GE withdrawn at least for well-nigh time i .e . it may be after Olympic games . GE has revenues from NBC , which were detect during 1996 Summer Olympic Games , and revenues increased at nine of GE s twelve businesses led by double-digit exploitation at GE Capital services , NBC and Power Systems . today 2008 Olympics are existed . At this juncture , the GE will not sell the NBC Universal , Inc ( a subsidiary of General Electric and VivendiREFERENCEHYPERLINK hypertext transfer communications protocol /mediabiz .blogs .cnnmoney .cnn .com /2007 /10 /12 /nbc-no-big-comeback section money_topstories http /mediabiz .blogs .cnnmoney .cnn . com /2007 /10 /12 /nbc-no-big-comeback ?s ection money_topstoriesHYPERLINK http / entanglement .tv .com /story /8646 .html http /network .tv .com /story /8646 .htmlHYPERLINK http /ge .bloggingstocks .com /2007 /10 /30 /nbc-is-probably-not-for-sale http /ge .bloggingstocks .com /2007 /10 /30 /nbc-is-probably-not-for-saleHYPERLINK http /www .ge .com /annual96 /f6 .htm http /www .ge .com /annual96 /f6 .htm...If you want to get a just essay, order it on our website: OrderEssay.net

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