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[UPDATED] Comcast Roundup: NBC deal awaits Vivendi approval, Cohen called most powerful Philadelphian and More

Updated: 11/12/09 @ 11:19 p.m.: Vivendi no comment on NBC deal Every Thursday morning at 8:30 a.m. EST, find all the stories you need to know about your friendly telecommunications giant in the Comcast Roundup. Get an e-mail subscription for our Comcast news updates. The Wall Street Journal reports that Comcast and General Electric have […]


Updated: 11/12/09 @ 11:19 p.m.: Vivendi no comment on NBC deal
Every Thursday morning at 8:30 a.m. EST, find all the stories you need to know about your friendly telecommunications giant in the Comcast Roundup. Get an e-mail subscription for our Comcast news updates.
The Wall Street Journal reports that Comcast and General Electric have agreed to value NBC Universal in the neighborhood of $30 billion, one of the final details of their impending deal. As the Inquirer’s Bob Fernandez reports, whether or not French cable company Vivendi—with a 20 percent stake in NBC—will exercise its ability to veto the deal, may be announced today during its third-quarter earnings call. The Inquirer reports that Vivendi executives gave no comment during the call.
But Bloomberg reports that Vivendi has little reason to move on the deal and may hold out to get a better deal.
The LA Times entertainment blog reports that “no major regulatory hurdles” need to be jumped for the Comcast-GE deal to happen.
After the jump, the most powerful man in Philadelphia, rivaling ESPN and more.

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