NBCUniversal | |
Formerly | NBC Universal, Inc. (2004–2011) |
Company type | Division |
Industry | |
Predecessors | |
Founded | May 11, 2004 |
Headquarters | Comcast Building, , U.S. |
Area served | Worldwide |
Key people |
|
Products | |
Services | |
Revenue | US$39.2 billion (2022) |
Number of employees | 35,000 (2020) |
Parent | Comcast (2011–present) |
Divisions | |
Subsidiaries | Fandango Media (75%) |
Website | nbcuniversal |
Footnotes / references [1][2][3][4] |
NBCUniversal Media, LLC (abbreviated as NBCU and doing business as NBCUniversal) is an American multinational mass media and entertainment conglomerate owned by Comcast and headquartered at 30 Rockefeller Plaza in Midtown Manhattan in New York City.[5] It is primarily involved in the media and entertainment industry, and is named for its two most significant divisions—the National Broadcasting Company (NBC), one of the United States' Big Three television networks, and Universal City Studios LLC (Universal Pictures), one of the major Hollywood film studios.
NBCUniversal also has a significant presence in broadcasting through a portfolio of domestic and international properties, including MSNBC, USA, Syfy, Bravo, Oxygen, E!, Telemundo, Universal Kids, Golf Channel, CNBC, the streaming service Peacock and ownership stakes in Snap Inc. and Vox Media. Via its Universal Destinations & Experiences division, NBCUniversal is also the third-largest operator of amusement parks in the world.[6] Since 2018, its sister company under Comcast's control, Sky Group, holds its media and telecommunications assets alongside Xfinity.
NBCUniversal was formed on May 11, 2004 as NBC Universal, Inc., when Vivendi sold 80% of Universal Pictures to the now-defunct General Electric, NBC's then-owner.[7][8] The sale gave Vivendi a 20% stake in NBC Universal, while GE held the remaining 80%. Comcast attained 51% and thereby control of the newly reformed NBCUniversal in 2011, by purchasing shares from GE, while GE bought out Vivendi’s stake. Since 2013, the company has been fully owned by Comcast, which bought the remaining 49% of the company from GE.[9]