Burdened with debt, in 2004 Vivendi Universal sold 80% of Vivendi Universal Entertainment (including the studio and theme parks) to General Electric, parent of NBC. The resulting media super-conglomerate was renamed NBCUniversal, while Universal Studios Inc. remained the name of the production subsidiary. After that deal, GE owned 80% of NBC Universal; Vivendi held the remaining 20%, with an option to sell its share in 2006. GE purchased Vivendi's share in NBCU in 2011 and in turn sold 51% of the company to cable provider Comcast. Comcast merged the former GE subsidiary with its own cable-television programming assets, creating the current NBCUniversal. Following Federal Communications Commission (FCC) approval, the Comcast-GE deal was closed on Jan 29, 2011. In March 2013, Comcast bought the remaining 49% of NBCUniversal for $16.7 billion.
Burdened with debt , in 2004 Vivendi Universal sold 80 % of Vivendi Universal Entertainment ( including the studio and theme parks ) to General Electric , parent of NBC . The resulting media super - conglomerate was renamed NBCUniversal , while Universal Studios Inc. remained the name of the production subsidiary . After that deal , GE owned 80 % of NBC Universal ; Vivendi held the remaining 20 % , with an option to sell its share in 2006 . GE purchased Vivendi 's share in NBCU in 2011 and in turn sold 51 % of the company to cable provider Comcast . Comcast merged the former GE subsidiary with its own cable - television programming assets , creating the current NBCUniversal . Following Federal Communications Commission ( FCC ) approval , the Comcast - GE deal was closed on Jan 29 , 2011 . In March 2013 , Comcast bought the remaining 49 % of NBCUniversal for $ 16.7 billion .
Who bought 51% of NBC Universal in 2011?
Who bought 51 % of NBC Universal in 2011 ?
Comcast
Comcast