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Click here to visit the new home of Politics Daily!(Jan. 11) -- Jay Leno and Conan O'Brien started taking jabs at NBC in their monologues late last week as rumors about their fate swirled. Now that the network has decided to drop Leno's prime-time show, it will be interesting to see how the comics play the news for laughs. A revolt among affiliate stations unhappy with the weak lead-in the 10 p.m. "Jay Leno Show" was giving their local newscasts forced the network's hand -- even though NBC Universal Television Entertainment Chairman Jeff Gaspin had hoped to give the program a full year to build an audience. Leno's show, which debuted in ...
After nine months of negotiations, Comcast has agreed to buy NBC Universal from General Electric, the New York Times reports. The deal, which will give the country's largest cable provider a 51 percent share of NBC, will reshape the television industry and fulfill Comcast's longtime goal of producing television shows and movies. GE will still own 49 percent of the network. As part of the joint ownership deal, Comcast will contribute its stable of channels, worth about $7.25 billion, and pay GE $6.5 billion in cash for a total of $13.25 billion. GE purchased back the 20 percent share of NBC ...
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