 
PGHammer
join:2003-06-09
Accokeek, MD
clubs: | So Now We'll Discover Viv's REAL Motive I always wonder what Vivendi's real motive was for buying into the original NBCUniversal deal; guess we're ab out to find out! | |
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tiger72
SexaT duorP
Premium
join:2001-03-28
Saint Louis, MO
clubs: | Re: So Now We'll Discover Viv's REAL Motive profit? | |
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PGHammer
join:2003-06-09
Accokeek, MD
clubs: | Re: So Now We'll Discover Viv's REAL Motive A "profit motive" would actually make SENSE from a business/corporate standpoint; it's when a business (especially a for-profit) claims "loftier ideals" that warns us we sahould look to our stables and garages, a mount (or fast car) will be missing. | |
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| flyingjoey
join:2005-11-07
Jersey City, NJ
 ·Sprint Mobile Broa..
| Just to give you some history.
RCA then National Broadcast Company was taken over by GE back in the 90s. Universal and NBC only merged 5 years ago, Vivendi owned Universal Studios as well as Universal Music Group.
So GE gets NBC, then NBC(GE) wants Universal, NBC & Universal Merged but Vivendi gets 20% of the new company but keeps whole ownership of Universal Music Group.
From what I heard, Thomas Edison (founder of GE) and the guy who started Universal were enemies and both had things to do with movie creation and stuff. | |
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RedDelicious
@sbcglobal.net | Re: So Now We'll Discover Viv's REAL Motive GE started RCA in 1919 has owned a controlling interest in it since. They took over and reorganized it in 1986, selling off all but the NBC network. | |
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PGHammer
join:2003-06-09
Accokeek, MD
clubs:
 ·Comcast
| Re: So Now We'll Discover Viv's REAL Motive GE did indeed found RCA (the Radio Corporation of America) in 1919, and later formed the National Broadcasting Company (NBC) to sell radios. Oddly enough, RCA is also directly responsible for the founding of ABC (which started off as NBC's Blue Network, with the original NBC being the Red Network), before being forced to spin off the Blue Network by the FCC on anti-trust grounds (even though both CBS and Mutual existed, and that Mutual was in fact larger than the Blue Network). RCA was spun off from GE in the 1950s, but re-acquired by GE in the 1980s (not just to get NBC back, but to acquire RCA's growing defense and communications businesses; those were, in fact, the only parts of RCA that GE kept, selling most of the rest to French appliance powerhouse Thomson-CSF, while the Spacemaker small-electrics line was acquired by Hunt Valley, MD-based Black and Decker).
The reason GE stock sunk to $6 had nothing to do with NBC, and everything to do with the bath all bank-related stocks (including anything having to do with consumer finance) took (GE Capital is the operator of most large-department-store revolving LOC operations, in addition to being a business LOC financier and America's third-largest mortgage bank, behind GMAC and B of A). Between the increasing number of foreclosures and the decrease in credit purchases, GE Capital was exposed, big-time. Basically, GE got whacked because anyone that lent directly to consumers was considered overly risky. NBC was actually one of only two profitable portions of GE (the other being Medical Imaging), while Transportation and Information Systems broke even.
While Appliances is the best-known part of GE (most homes or apartments have at least one GE appliance *somewhere*), in reality, you can hardly go anywhere without running into America's Last Conglomerate. Transportation encompasses aircraft engines and locomotives, Information Systems is the home to GE's phone business (in addition to being the operator of GE RentaLease, as well as most of GE's defense and government business), and of course there is Medical Imaging (X-ray, MRI/CT/PET and their relatives) and Lighting (yes; they still make lightbulbs). | |
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| | | | Mark F
join:2007-08-01
Fort Wayne, IN
| Re: So Now We'll Discover Viv's REAL Motive Alfred Nobel, the Lifesaver candy magnate, bought NBC blue and turned it into ABC. ABC didn't do well until the demise of the Dumont network in the mid 50s and an infusion in cash from the Paramount Theatre marger and deals to put Disney and Warner Brothers programming on TV.
The first color TVs were made in Indianapolis, where RCA Consumer Electronics was based. I remember that, in the 80s, Jack Welch came to Indy to welcome the city into the GE family, in what he said would be a long and fruitful relationship.
But, a few years later, he sold off the RCA operations there, where Thompson now has it's North American headquarters.
And, all RCA TVs are now made in other countries.
Mark F | |
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brianiscool
join:2000-08-16
Miami, FL | Wow Buy NBC stock quick! | |
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| neufuse
join:2006-12-06
Indiana, PA | Re: Wow NBC has stock? I thought it was just GE and VIV stock | |
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Matt
Take me down to the paradise city
Premium
join:2003-07-20
Jamestown, NC
 ·North State Commun..
| Re: Wow said by neufuse  :NBC has stock? I thought it was just GE and VIV stock It is, but VIV is not the NYSE VIV. VIV is traded on the Paris Stock Exchange: »investing.businessweek.com/resea···c=VIV.PA
Interesting, GE is slightly down already today. They've been a relatively solid performer this year that I've kept in my portfolio since May. | |
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| | | flyingjoey
join:2005-11-07
Jersey City, NJ | Re: Wow You know that GE stock went was below $6 over the summer. And it has bounced back ever since. | |
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Matt
Take me down to the paradise city
Premium
join:2003-07-20
Jamestown, NC
·North State Commun..
| Re: Wow said by flyingjoey :You know that GE stock went was below $6 over the summer. And it has bounced back ever since. Yep, I added it to my IRA in May. I think the windmill technology will pay off. | |
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Xizer
join:2004-02-05
New York, NY
| said by brianiscool :Buy NBC stock quick! Why would you want to buy stock in a network that is going to sink even more quickly now?
You simply need to look no further than what happened when Comcast bought TechTV to see NBC's future.
Goodbye NBC... it was nice knowing ya. | |
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| | bbtech6650
Premium
join:2004-10-28
Pittsburgh, PA
 ·Future Nine Corpor..
·voip.ms
 ·Verizon FIOS
| Re: Wow said by Xizer :said by brianiscool :Buy NBC stock quick! Why would you want to buy stock in a network that is going to sink even more quickly now? You simply need to look no further than what happened when Comcast bought TechTV to see NBC's future. Goodbye NBC... it was nice knowing ya. Oh, TTV, those were the days! | |
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rawwhide
Zer0
Premium
join:2000-09-03
Zero
clubs:
·AT&T DSL Service
| said by Xizer :said by brianiscool :Buy NBC stock quick! Why would you want to buy stock in a network that is going to sink even more quickly now? You simply need to look no further than what happened when Comcast bought TechTV to see NBC's future. Goodbye NBC... it was nice knowing ya. One can only imagine whats going to happen to Hulu.
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To talk much and arrive nowhere is the same as climbing a tree to catch a fish. | |
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Matt
Take me down to the paradise city
Premium
join:2003-07-20
Jamestown, NC
·North State Commun..
| Re: Wow said by rawwhide :One can only imagine whats going to happen to Hulu. Not to get too far off topic, but I think Hulu has set a precedent. If they go pay or otherwise shun those of us who think it's a great service, a 3rd party will step in and fill the gap. A startup can get venture capital and lose money while building a base ... which is something established entities with shareholders to please aren't so interested in. A brand new company also wouldn't have the same archaic ideas about content control and would be more apt to work with the Boxee's of the world to get their product in front of as many eyes as possible. | |
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| | | | openbox9
join:2004-01-26
Alexandria, VA
·AT&T Southeast
| Re: Wow But any startup would still need cooperation and consent from the "archaic" copyright holders. I believe one of the things that helped Hulu gain its current status is the contribution by NBC. Remove that, or any such equivalent, and I think any startup will struggle. Most networks are doing their own thing now. The startup that convinces all of the disparate networks to lineup behind their portal will be the winner. | |
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| | | | flyingjoey
join:2005-11-07
Jersey City, NJ | HULU is not an NBC Exclusive product.
It's a combined effort between NBC and NewCorp. | |
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Matt
Take me down to the paradise city
Premium
join:2003-07-20
Jamestown, NC
·North State Commun..
| Re: Wow said by flyingjoey :HULU is not an NBC Exclusive product. It's a combined effort between NBC and NewCorp. Yep, that is correct. (News Corp.) | |
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| | | | | | lesopp
join:2001-06-27
Land O Lakes, FL
| Re: Wow Being owned by NBC and News Corp seems to me to be a portent of the end times. Imagine that, the Democrats biggest and most loyal propaganda outfit in bed with an alleged Republican propaganda outfit. Mixing the two is like mixing matter and anti-matter. | |
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RedDelicious
@sbcglobal.net | Re: Wow Alleged? They are both after the same thing: Money. Fox raids conservative pockets while NBC raids liberal pockets. They both buy each other drinks, belong to the same clubs and laugh at the lot of you.
ABC is in there too. | |
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| | | Mark F
join:2007-08-01
Fort Wayne, IN
| Comcast is unhappy that so many of it's subscribers watch classic TV online, when Comcast thinks they should be watching one of the cable channels they offer.
Well, if such programming was on cable, people wouldn't have to watch it online, at Hulu, etc.
Mark F. | |
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LeftOfSanity
join:2005-11-06
Felton, DE
| Re: Wow said by Gbcue :said by brianiscool :Buy NBC stock quick! That's a dumb idea. Everything that Comcast touches dies. Really?  | |
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| | flyingjoey
join:2005-11-07
Jersey City, NJ
·Sprint Mobile Broa..
| I personally hate comcast, they're the provider in my area, and when I had them, I always had issues with them. I now have DirecTV and have no issues with those guys, and Verizon FiOS for my internet.
I work for NBCU (well GE), and obviously a Comcast + NBCU merger will affect me. NBC one of the few GE businesses that is is still profitable although GE's vision does not include Media & Entertainment but who knows... anything is possible.
At the end of the day, comcast or not, I just want to keep my job. | |
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Alcohol
Premium
join:2003-05-26
Somerset, NJ
| said by Gbcue :said by brianiscool :Buy NBC stock quick! That's a dumb idea. Everything that Comcast touches dies. RIP 30 rock and the office.
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I found the key to success but somebody changed the lock. | |
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Alcohol
Premium
join:2003-05-26
Somerset, NJ
| Re: Wow said by Gbcue :Also, Chuck, which NBCU did a good job of killing themselves. Heroes now sucks. Nobody cares about heroes. And chuck is already done. The next 10 episodes will be the last.
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I found the key to success but somebody changed the lock. | |
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insomniac84
join:2002-01-03
Schererville, IN
| Re: Wow Incorrect. »latimesblogs.latimes.com/showtra···uck.html
NBC's new shows suck so bad that they ordered an extra 6 episodes of chuck(now it will have 19 episodes) and will put it on the air sooner.
That means chuck will basically end up with practically a whole season and should be a shoe-in for renewal. | |
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anonmeaol
@verizon.net | o shit i thought that we was talking about aol for a minute here
only thing aol did not turn to shit was AIM
lets see if comcast can do any better LOL | |
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| | ashworth
join:2001-10-06
Pittsburgh, PA | Donno, I don't like they idea of Comcast owning a lot of programming, as they could dictate pricing for their channels from DTV, Dish, U-Verse and Fios...... maybe that's the master plan ?? | |
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hayabusa3303
Over 200 mph
Premium
join:2005-06-29
clubs: | what about Comcast getting to big for there pants, just like att did along time ago? | |
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tiger72
SexaT duorP
Premium
join:2001-03-28
Saint Louis, MO
clubs: | Re: what about Simple solution to avoiding federal inquiries:
Donate a couple million to various politicians. Hell, for a company like Comcast, politicians are a bargain. | |
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DaveNJ
No Fear
join:1999-09-01
New Jersey | Can we have twc back Hey Comcast, turn the weather channel, back to weather, not the mtv of weather it is now. | |
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See 17 replies to this post |
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BF69
join:2004-07-28
Camden, TN | within 5 years NBC will cease to be a broadcast network and strictly be cable. People watching TV OTA will have 1 less channel to watch. Enjoy it while you can. | |
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BF69
join:2004-07-28
Camden, TN
| Re: Not Good said by djrobx :ust look at what Cablevision has done with MSG HD and Verizon to see what the future will be like if Comcast is allowed to go forward. Look at what has Comcast has done to Vs., to the ire of DirecTV customers.
I wouldn't know since Charter has never bothered to add VS to my channel line-up in my area, EVER. | |
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tvtek
Premium
join:2004-03-07
Concord, CA
·Astound Broadband
·AT&T DSL Service
·magicjack.com
| said by djrobx :ust look at what Cablevision has done with MSG HD and Verizon to see what the future will be like if Comcast is allowed to go forward. Look at what has Comcast has done to Vs., to the ire of DirecTV customers. I couldn't agree more. This needs to be blocked. I agree as well, it should be blocked.
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Alumni "Mental State" | |
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SLD
Premium
join:2002-04-17 | **Approve**
Mods, can you fix this? | |
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Transmaster
Don't Blame Me I Voted For Bill and Opus
join:2001-06-20
Cheyenne, WY
1 edit | At Last...finally! We will have the answer to the age old question. Can you polish a turd. NBC is the turd and Comcast is going to try to polish it.  | |
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RyC
join:2007-08-18
Portola Valley, CA | NBC is #1 (jk) Don't forget that in the 90's, NBC was rated number 1 and the most profitable division of GE. Although things have taken a sharp nosedive, I don't think having Comcast as the owner will help anything in any way at all. | |
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Comcast, NBC Deal Almost Complete
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Not Good
