NBC AND VIVENDI UNIVERSAL ENTERTAINMENT UNITE TO CREATE NBC UNIVERSAL
New Company Comprises No. 1 TV Network, Leading Film Studio, Portfolio of Entertainment, News, and Spanish-language TV Networks, And Renowned Theme Parks
NEW YORK, PARIS, May 12, 2004 -- NBC and Vivendi Universal Entertainment (VUE) have completed the creation of NBC Universal, a global media and entertainment enterprise with expected 2005 revenues of $15 billion. The announcement was made today by GE (NYSE: GE) and Vivendi Universal (Paris Bourse: EX, NYSE: V), the parent companies, respectively, of NBC and VUE.
NBC Universal is one of the world’s leading media companies in the development, production, and marketing of entertainment, news, and information to a global audience. The new company’s assets include some of the most recognized and valuable brands in the industry, such as television networks NBC, Telemundo, USA Network, Sci-Fi Channel, Bravo, Trio, CNBC, and MSNBC (jointly owned with Microsoft); film studio Universal Pictures; television production studios Universal Television and NBC Studios; a stations group comprising 29 NBC and Telemundo television stations; and interests in five theme parks including Universal Studios Hollywood and Universal Orlando. International assets include excellent positions in the sale and distribution of video and DVD titles, television programming, and feature films in more than 200 countries; and distinctive television channels across Europe, Asia, and Latin America.
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New Company Comprises No. 1 TV Network, Leading Film Studio, Portfolio of Entertainment, News, and Spanish-language TV Networks, And Renowned Theme Parks
NEW YORK, PARIS, May 12, 2004 -- NBC and Vivendi Universal Entertainment (VUE) have completed the creation of NBC Universal, a global media and entertainment enterprise with expected 2005 revenues of $15 billion. The announcement was made today by GE (NYSE: GE) and Vivendi Universal (Paris Bourse: EX, NYSE: V), the parent companies, respectively, of NBC and VUE.
NBC Universal is one of the world’s leading media companies in the development, production, and marketing of entertainment, news, and information to a global audience. The new company’s assets include some of the most recognized and valuable brands in the industry, such as television networks NBC, Telemundo, USA Network, Sci-Fi Channel, Bravo, Trio, CNBC, and MSNBC (jointly owned with Microsoft); film studio Universal Pictures; television production studios Universal Television and NBC Studios; a stations group comprising 29 NBC and Telemundo television stations; and interests in five theme parks including Universal Studios Hollywood and Universal Orlando. International assets include excellent positions in the sale and distribution of video and DVD titles, television programming, and feature films in more than 200 countries; and distinctive television channels across Europe, Asia, and Latin America.
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