140°

NBC Universal Up For Auction?

NBC Universal may just be up for auction. The decision will not be made until after the Beijing Olympics. NBC Universal is the entertainment division of General Electric.

According to a report in the Financial Times, the company, whose estimated value is around $40 billion, is rumored to be potentially up for sale due to the drop in performance and the lack of uniformity with GE's other businesses that are predominantly industrial and financial.

NBC Universal consists of the following subsidiaries NBC, Universal Studios, NBC Universal Television Group, NBC News CNBC, MSNBC, iVillage, ION Media Networks, qubo

Jdash246060d ago (Edited 6060d ago )

is nbc universal a branch of universal? or is universal owned by nbc?

oh thanks, bubble for you.........

hmmm that means universal could go blu ray depending on who buys

frizshizzle6060d ago (Edited 6060d ago )

NBC Universal is the parent company they own Universal.

Omegasyde6060d ago

Just in case you didn't know as well

Viacom owns CBS/MTV/Paramount etc

ABC is somewhat of owned/ran by Disney.

Fox is owned by President Bush <joke ;P>

Sony owns a bit of Las Vegas, i.e. (MGM Mirage resort) stake holders and owns Columbia/tri-star/MGM studios for making movies.

chrno6060d ago

Does that mean if Sony buys out Universal, the stupid format war will be over?

crck6060d ago

40 billion is a butt load of scratch.

Laka6060d ago

Does Sony has $40 billion in the bank?

Razzy6060d ago

Probably not but maybe they could make payments...1 billion a month for 40 months. :-)

PopEmUp6060d ago

I don't think they has 40 Billion in the Bank but probably close to it

PlayStation3606060d ago (Edited 6060d ago )

Sony's Revenue = $70 Billion (as of 2007)

However Revenue is not to be confused with Profit or net income. I just say Revenue so you can have an idea what Sony is working with.

I'm not sure but I think Son's net income is around $1 billion.

PopEmUp6059d ago

If Sony has $70 billion than NBC would be certainly a good investment and the stupid format war will be all over

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Kururo6060d ago

hows that hd-dvd exclusive working out?

60°

How EA & Xbox Are Defining Gaming's Bleak Future

Xbox and EA have recently made baffling moves that define how bleak the future of the gaming industry is with major companies at the helm. Ryan Bates from "Last Word on Gaming" posits in this op-ed that maybe it's not ineptitude, but intention.

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lastwordongaming.com
Profchaos33m ago(Edited 31m ago)

Name someone that isn't trying to look us these days maybe cdpr.

Take two, ubi and yes even PlayStation are pushing us to own nothing and be happy with our live service ad injected games on a sub so they can raise prices at will and take access away when they see fit.

If it keeps up I'll be a full time retro gamer and this industry will be crashing hard

As rediculas as it sounds we need government reforms to defend consumer rights

60°

XCOM's Jake Solomon Q&A - Building a Narrative-Driven Life Sim Game at Midsummer Studios

XCOM and Marvel's Midnight Suns director Jake Solomon has founded a new studio to make a life sim game. Here's a new interview with him.

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wccftech.com
360°

Microsoft's quest for short-term $$$ is doing long-term damage to Windows, Surface, Xbox, and beyond

Microsoft is pushing for no "red line" for what games could come to PlayStation, and it all revolves around Satya Nadella and CFO Amy Hood's plans to increase every department's margins.

Read Full Story >>
windowscentral.com
Brazz20h ago

"The plan to move Xbox games to other platforms is codenamed "Latitude" internally, and I know there's debate and unease at Microsoft about whether or not this is a good idea. More upcoming Microsoft-owned games slated for PlayStation are already being developed. At least for now, they're potentially obvious games you'd most likely expect. And yes, while it's true Microsoft is a prolific publisher on PlayStation already, it has typically revolved around specific franchises like Minecraft. From what I've heard, Microsoft is pushing for no "red line" for what games could come to PlayStation, and it all revolves around Satya Nadella and CFO Amy Hood's mandate to increase every department's margins. "

Yeah, they are going to kill Xbox hardware.

Xeofate18h ago

"Yeah, they are going to kill Xbox hardware."

It's for the best.

Quit stringing along xbox fans and screwing over PlayStation owners.

crazyCoconuts13h ago

Take good care of those Xboxes if you have 'em ...

outsider162413h ago

An Xbox game on a Playstation. Never in my years of gaming did i ever thought this was gonna happen.

jznrpg8h ago

It is dying anyway so doesn’t make much of a difference

VersusDMC8h ago

No way can they get rid of the hardware as probably 90% of game pass subscribers are hardware users.

Highly doubtful those users will move to PC or Cloud to subscribe there and the competition (Sony and Nin) will never have gamepass on their system.

If they want to keep the current subscribers, they need to keep releasing new hardware.

PSPSA1m ago

I'm not convinced, why then announce that they're actually working on the next-generation Xbox with “the largest technical leap”, and also looking into handhelds now?

+ Show (3) more repliesLast reply 1m ago
gold_drake19h ago

i think it will kill off the xbox brand. windows will be fine.

but there is and would be a chance that xbox might be killed off in the future. if they fail to make the money they put in. imo.

S2Killinit17h ago

They wont kill it, but they will go fully PC while keeping xbox as a brand, and go multiplatform for the most part. They will also work tirelessly to diminish console gaming’s importance.

PRIMORDUS14h ago

It would be best if Xbox goes the way of Sega, just make and publish games. I know I myself will not support them at all with buying games from them, you all can. 🙃

ChasterMies12h ago

The Xbox brand will live for the games. I don’t expect Microsoft to entirely drop out of gaming hardware. They make Surface tablets and laptops. They’ll make Xbox branded hardware for those that want it.

shadowT19h ago

"Microsoft is pushing for no "red line" for what games could come to PlayStation"

Forza and Starfield next?

Skuletor17h ago

Starfield would be no surprise and there's the rumor that it will come to Playstation after the Shattered Space DLC, Forza (along with Halo and Gears of War) I find less likely but I wouldn't be surprised if they eventually end up on PlayStation too, especially if Xbox give up on hardware and go the Sega route.

shinoff218317h ago

Not to worried about forza. I'd rather see others like what inxile and obsidian are working on. Starfield sounds like it needs more time in the oven so let it cook first imo. If starfield and it's a small if does release on ps it'll be in the fall around the time for dlc or right at the dlc and come packaged with it.

-Foxtrot18h ago

In the words of Phil Spencer when he was talking about Nintendo last year

“It's just taking a long time for Microsoft to see that their future exists off of their own hardware"

S2Killinit17h ago

Yup. MS are a cancer to console gaming.

Aloymetal16h ago

100%!!
I wonder what happened to that dude that was always here posting those court articles with cartoons about MS spending all those billions in studios. He suddenly disappeared, I guess he doesn't like bad news when the green brand is in trouble. No new articles from him as of late...

PRIMORDUS13h ago

Yup, and it's only going to keep spreading.

Outside_ofthe_Box14h ago

Phil Spencer's words always comes back to bite him lol

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