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The Daily Stream

Advertising News for the New Media

Comcast Aims to Reshape Entertainment with NBC

December 3, 2009 // By: Stream Companies

PHILADELPHIA (Associated Press) -  Comcast Corp. announced Thursday it plans to buy a majority stake in NBC Universal for $13.75 billion, giving the nation's largest cable TV operator control of the Peacock network, an array of cable channels and a major movie studio.