Comcast has now cemented its ability to program its cable franchise and also lands the trophy location of 30 Rockefeller Plaza. It will be odd for the GE logo to go down and Comcast logo to now be in the NY skyline:
ETA: I surprised that the FCC is allowing this to happen because this give Comcast virtually monopoly control [in some markets] of local TV programming and both delivery via internet and cable of that programming.
LOS ANGELES — Comcast is buying the rest of NBCUniversal from General Electric several years ahead of schedule to take advantage of low interest rates and what its CEO calls a "very attractive price" of $16.7 billion.
The nation's leading cable TV company also agreed to pay GE another $1.4 billion for other assets that include one of New York's best-known landmarks, NBC's headquarters at 30 Rockefeller Plaza. The building also was the setting for the NBC comedy series "30 Rock," a fictional version of the broadcast network that skewered the management of both GE and Comcast before airing its final episode two weeks ago.