Is GE ( superior general electric ) confuse outing NBC ? Information and individualized opinionNBC is media unit of GE . On October 12 , 2007 , the NBC frequent title that it was buying cable net Oxygen Media for 925 million . The fiscal measure released the password that GE was putting off some(prenominal) decisiveness on change NBC Universal until by and by the 2008 pass prodigiouss in Beijing . The bare of pro fusillade is through NBC simply with several(prenominal) cable net flora . The GE itself reported its third quarter financial results , which indicates the news portion outing of NBC is being in stages lifted at least for up to 2008 . There be no indications that GE would dish out NBC in the near succeeding(a) . as well the cable art has fuddled ratings . However , the disoblige of cut-rate sale of NBC again comes into force subsequentlyward Olympics i .e . 2008 . mighty flat the proposal was withdrawnGE Chairman Jeff Immelt is not thinking or so grassing NBC Universal Because the network is currently in one-quarter place . NBC Universal question Executive Jeff Zucker do it unsolved at a company that GE had no conflict in selling the media line of work . He repeatedly proclaimed that NBCU is not for sale . It is also not for sale veritable(a) after the Olympics The arguments were revealed that the selling of NBC is based on the unit does not fit with the conglomerate s industrial and financial operations . At familiarize the NBC has a 15 gazillion business with operating(a) income running close 2 .5 zillion , which made a modest function of GE s overall mesh . chill out the business is about the size of CBS , which has a market lie of 21 billion and with debt of 7 billion . If the NBC has much(prenominal) esteem i .e 28 billion GE would sell NBCThere were such arguments the GE would sell NBC universal during February 2007 .
But when the deals were colonized with Olympics , it shows that sell of NBC by GE withdrawn at least for well-nigh time i .e . it may be after Olympic games . GE has revenues from NBC , which were find during 1996 Summer Olympic Games , and revenues change magnitude at nine of GE s twelve businesses led by double-digit exploitation at GE Capital services , NBC and index number Systems . today 2008 Olympics are existed . At this juncture , the GE pass on not sell the NBC Universal , Inc ( a subsidiary of General Electric and VivendiREFERENCEHYPERLINK hypertext transfer protocol /mediabiz .blogs .cnnmoney .cnn .com /2007 /10 /12 /nbc-no-big-comeback subdivision money_topstories http /mediabiz .blogs .cnnmoney .cnn .com /2007 /10 /12 /nbc-no-big-comeback ?s ection money_topstoriesHYPERLINK http / entanglement .tv .com /story /8646 .html http / web .tv .com /story /8646 .htmlHYPERLINK http /ge .bloggingstocks .com /2007 /10 /30 /nbc-is-probably-not-for-sale http /ge .bloggingstocks .com /2007 /10 /30 /nbc-is-probably-not-for-saleHYPERLINK http / entanglement .ge .com /annual96 /f6 .htm http /www .ge .com /annual96 /f6 .htm...If you want to get a just essay, order it on our website: Ordercustompaper.com
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