Cable company C0mcast Corp. has completed its acquisition of NBC, which includes business news channel CNBC, multiple media organizations reported Saturday.
Reuters reports, “Comcast chief executive Brian Roberts said on Saturday that the transaction creates ‘the ideal entertainment and distribution company.’
“Comcast sees it as a potent combination alongside its 23 million video subscribers and nearly 17 million Internet subscribers.
“The Philadelphia-based company hopes to take advantage of an evolving media world as viewing habits change and audiences expect to find their favorite entertainment on the TV set as well as the PC, tablet and smartphone.”
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